RBA hikes rates to 4.35% as the inflation fight continues
Already a discernible difference in new governor Michele Bullock's communication.
The RBA forecasts inflation won't be back inside the 2-3% target range until late 2025.
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The longer than expected battle to bring inflation under control has prompted the Reserve Bank of Australia to raise official interest rates by 25bps to 4.35% today.
The rate hike, which had been widely anticipated after third quarter inflation came in at a higher 5.4%, is the first since June but
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