▶youtube BusinessBanking first seen 20 h ago, last 55 min ago, peak #4
RBA raises cash rate to 4.6% as Bullock explains decision
Original: RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6%
The Reserve Bank of Australia has lifted the cash rate to 4.6%, with governor Michele Bullock publicly explaining the reasoning behind the move. The decision, a change in monetary policy aimed at tackling inflation, is drawing wide attention from borrowers and businesses watching what it means for mortgages and the broader economy.
Why now: The rate rise directly affects Australian mortgage holders and businesses, making the governor's explanation highly relevant.
Reserve Bank of AustraliaMichele Bullock
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- RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6% · youtube · 204.9K
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