LIVE: RBA raises interest rates to 4.35% | ABC NEWS
The Reserve Bank has increased interest rates by 0.25 percentage points to 4.35%
Interest rates have now returned to the level they were in February 2025 before the RBA began its rate-cutting cycle last year, so last year’s policy easing has been fully unwound.
Rates have been lifted three times this year (in February, March, and May), but economists say the Reserve Bank Board may now want to wait a while to see how the economy responds before it moves rates again.
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