The Australian Reserve Bank has chosen to raise the official cash rate 0.25% which some experts have claimed to be too little too late. The inflation rate is sitting at 3.8% and the official cash rate now is 3.85%. More from the RBA statement here.
The Australian Reserve Bank has chosen to raise the official cash rate 0.25% which some experts have claimed to be too little too late. The inflation rate is sitting at 3.8% and the official cash rate now is 3.85%. More from the RBA statement here.
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