May 2022 RBA Announcement

Address: 12/19 Milton Street, Elwood, Victoria, 3184, AU
Telephone: 0409 089 456

The Reserve Bank of Australia (RBA) increased the official cash rate by 25 basis points to 0.35% at today’s board meeting.

This is the first cash rate hike in more than a decade and comes after core inflation grew by 3.7% over the year to March – well above the RBA’s 2-3% target.

May Statement

Regards,

Declan Hanratty

0409 089 456

Vanquish Finance Group

3/178b Gooch Street

THORNBURY VIC 3071

Australian Credit Licence No. 383120

383120

P: 0409 089 456 | View Website

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By Declan Hanratty|2022-05-04T14:46:38+10:00May 4th, 2022|Categories: Blogs, Creative, Interest Rates, RBA Updates|

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0409 089 456

ABN 19 880 907 430

3/178B Gooch Street

Thornbury Victoria 3071

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MFFA Membership Number 50217

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ASIC Australian Credit Licence 383120

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Babilon Pty Ltd T/A Vanquish Finance Group, Australian Credit Licence Number 383120 is hereby licenced as an Australian Credit license pursuant to the National Consumer Credit Protection Act 2009. The information on this website does not take into account the objectives, financial situation and or needs of any person. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation and or needs.