Reserve Bank raises interest rates for first time in 11 years

The Reserve Bank board has increased the cash rate by 25 basis points to 0.35% in a bid to curb inflation. It's the first rates rise in more than 10 years, with the central bank saying it is the right time to begin withdrawing stimulus.

Reserve Bank raises interest rates for first time in 11 years

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Reserve Bank raises interest rates for first time in 11 years

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Related Videos

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