RBA interest rates: Reserve Bank lifts official rate to 3.35% in record ninth consecutive hike to tame inflation

RBA interest rates: Reserve Bank lifts official rate to 3.35% in record ninth consecutive hike to tame inflation

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Australia’s central bank has slugged borrowers with another increase in interest rates, extending the record run of hikes to nine meetings in a row as it tries to cut inflation, and indicating there are “further increases” to come. The Reserve Bank at its first board meeting of 2023 on Tuesday…

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