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RBA raises cash rate by 0.25% – What’s the Impact?

RBA raises cash rate by 0.25% – What’s the Impact?

by Lucas | May 3, 2022 | Fintor's Latest Market Update, Latest Information & Market Events

Reserve Bank of Australia (RBA) has raised the cash rate by 0.25% At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points. It also increased the interest rate on Exchange Settlement balances from zero per cent to...

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