The Reserve Bank of Australia (RBA) has made a surprise move by lifting interest rates by another 0.25 percent on May 2. The latest round of increases takes the official cash rate to 3.85 percent, the highest level since April 2012. Prior to the announcement, the general market expectation was a pause for May, which [ ]
Thursday 30 October 2025
theepochtimes - 3 years ago
RBA Raises Official Cash Rate by 0.25 Percent in May
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