RBA Boosts Interest Rates to 3.85% in 11th Hike Since 2022 📈

The Reserve Bank has increased interest rates by 0.25% to 3.85%, marking its 11th rate hike since 2022. Learn what this means for borrowers and the economy.

Australian Community Media505 views0:41

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The Reserve Bank has raised interest rates by 0.25 percentage points to 3.85%. Footage: ABC News. Recorded: May 2, 2023.

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Published
May 2, 2023

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