RBA interest rates: Reserve Bank hikes official cash rate to 4.35% in blow to mortgage holders | Reserve Bank of Australia
The Reserve Bank has delivered a third straight interest rate hike to contain growing inflationary pressures linked to higher fuel prices, even as it warned the Iranian war would deliver a major blow to the economy. The widely expected decision to lift the cash rate to 4.35%, from 4.1%, comes as the central bank revealed…
