RBA Cash Rate for May Increased to 3.85% - digilend

RBA Cash Rate for May Increased to 3.85%

Following a pause last month, the Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.25% to 3.85%.

Whilst headline inflation eased to 7% during the March quarter, it remains well beyond the RBA’s target range of 2-3%.


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RBA Cash Rate for May Increased to 3.85%

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