RBA Lifts Cash Rate to 4.35% as Inflation Pressures Intensify Amid Global Uncertainty
The Reserve Bank of Australia (RBA) has increased the cash rate target by 25 basis points to 4.35 per cent, citing rising inflationary pressures and ongoing global uncertainty, particularly linked to conflict in the Middle East. In its latest policy decision, the central bank noted that inflation picked up significantly in the latter half of…
