RBA begins cranking up interest rates
Australia's central bank raises cash rate to 0.35%.
NBR staff
Tue, 03 May 2022
Australia’s central bank has raised its benchmark interest rate by 0.25 percentage points to 0.35%, saying now is the time to begin withdrawing monetary stimulus.
In a statement, Reserve Bank Governor Philip Lowe said the economy had proven resilient and had rebounded more than
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NBR staff
Tue, 03 May 2022
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