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low economyVERIFIED

Reserve Bank of Australia raises its cash rate to 4.85 percent

📍 Australia, AU·🕐 1h ago·2 outlets

Inflation is expected to remain above 3 percent for the coming year across the Tasman.

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✓ Verified · 2 outlets

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[Claude] Report 2 is a live blog previewing the same RBA rate decision that Report 1 reports, and its expected 18-year-high hike to a 4.85 percent cash rate is consistent with Report 1, though its later Chalme

1h ago
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Reliability
94%

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low risk