RBA Hikes Interest Rate to 4.1% 📈

The Reserve Bank of Australia has, as expected, announced a rate rise of 0.25%, bringing the official cash rate up to 4.10%.
This is the second interest rate hike in as many months, as the ongoing war in the Middle East impacts global oil markets and concerns grow about the flow-on effect to other prices.

Join the conversation and follow us on:
X: https://x.com/10NewsAU
Facebook: http://www.facebook.com/10NewsAU/
Instagram: http://www.instagram.com/10NewsAU/
TikTok: https://www.tiktok.com/@10NewsAU
LinkedIn: https://www.linkedin.com/company/10newsau

10 News airs at 5pm, seven nights a week in your local market on Network 10.
Missed the bulletin? Catch up at https://10.com.au/news

10 News is based in Australia and is a division of Paramount.