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Reserve Bank hikes interest rate

Reserve Bank hikes interest rate

In its first meeting of the year, the Reserve Bank has decided to increase the interest rate to 3.85 per cent in an attempt to slow the growth of inflation.

PM · Australian Broadcasting Corporation

February 3, 202625m 45s

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Show Notes

In its first meeting of the year, the Reserve Bank has decided to increase the interest rate to 3.85 per cent in an attempt to slow the growth of inflation.