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RBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest news

Covered by 2 outlets ·First reported ·Updated
The GuardianRBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest news
Image: The Guardian

What the coverage says

The Reserve Bank of Australia raised its official cash rate to 4.85 percent, marking the fifth increase this year and reaching a level described by The Guardian as an 18-year high. CNBC reported that this move matched expectations from economists surveyed by Reuters. Leading up to the announcement, The Guardian covered the meeting as it unfolded and noted that the decision delivers a blow to mortgage holders.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Guardian

Timeline

  1. The Guardian first reported it
  2. CNBC reported it
  3. Latest update
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