Murray Olds: Australian correspondent on the RBA hiking the OCR up again amid inflation concerns
Heather du Plessis-Allan Drive · Newstalk ZB
March 17, 20265m 48s
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Show Notes
The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.
This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.
Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East.
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Topics
AustraliaOCRbusinessmoneyeconomy