✉news BusinessBanking first seen 1 h ago, last 9 min ago, peak #28
RBA raises Australian interest rates to 4.60%
Original: Australian RBA Interest Rate Decision 4.60% vs. Exp. 4.6% (Prev. 4.35%)
The Reserve Bank of Australia has lifted its cash rate to 4.60%, up from the previous 4.35%, in line with expectations of around 4.6%. The 25-basis-point hike marks a resumption of tightening, and markets and economists are now weighing what it signals about the bank's fight against inflation and the outlook for future policy moves.
Why now: Markets and businesses are reacting to the surprise resumption of rate hikes by Australia's central bank
Reserve Bank of AustraliaAustralia
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 9 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/327550