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Posted:
2024-02-21 00:29:16
Original link:
http://www.yourinvestmentpropertymag.com.au/news/rba-not-horsing-around-delivers-cash-rate-hike-on-melbourne-cup-day
Reserve Bank Governor Michele Bullock is attempting to rein in inflation by delivering her first cash rate increase since taking over the role, hiking by 25 basis points to 4.35%.
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Fact checked by Dominic Beattie