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RBA raises interest rates for the first time in a decade

RBA raises interest rates for the first time in a decade

by Shelby Gilbert | May 4, 2022 | Govt & Politics, News

The Reserve Bank of Australia has lifted interest rates to curb rising inflation and ease the cost of living. It has been more than a decade since the cash rate target has increased, with the expectation for inflation to decrease which has climbed to 5.1% The RBA has...

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