Australia's central bank hiked its key interest rate by a quarter-point to a more than 10-year high and signaled more tightening to combat high inflation. The policy board of the Reserve Bank of Australia decided to lift the cash rate target by 25 basis points to 3.60 percent. The decision was as widely expected. The interest rate on Exchange Settlement balances was also raised by 25 basis points.
from RTT - Top Story https://ift.tt/CMB1Ead
via IFTTT
from RTT - Top Story https://ift.tt/CMB1Ead
via IFTTT
Comments
Post a Comment