RBA continues inflation fight by hiking cash rate target
Reserve Bank of Australia continues to move at pace to put a lid on inflation.
RBA governor Philip Lowe.
Jonathan Mitchell
Tue, 06 Sep 2022
The Reserve Bank of Australia has hiked its cash rate target by a further 50 basis points, as widely expected, to 2.35%, in a repeated attempt to knock inflation off its perch.
In a statement released this afternoon by Governor Philip Lowe, the central bank remained committed to returning inflation
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Jonathan Mitchell
Tue, 06 Sep 2022
Contact the Writer: jmitchell@nbr.co.nz
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