Reserve Bank of Australia Lifts Cash Rate to 4.35% Amid Persistent Inflation
The Latest Policy Shift The Reserve Bank of Australia (RBA) increased the national cash rate by 25 basis points to 4.35% on Tuesday, marking a decisive move to combat stubborn inflationary pressures. This decision, finalized during the central bank’s board meeting in Sydney, follows consecutive hikes in February and March, signaling a continued tightening cycle…
