Reserve Bank of Australia hikes interest rates by 0.5% ...Middle East

SYDNEY: Reserve Bank of Australia (RBA), the central bank of Australia has lifted interest rates by 0.5 percentage points, marking the first time the bank has lifted rates for four consecutive months reported Xinhua.On Tuesday RBA Governor Philip Lowe said the rise in interest rates was due to the “high priority” to return inflation to the 2-3 per cent range.“The path to achieve this balance is a narrow one and clouded in uncertainty not least because of global developments,“ said Lowe.“The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.”Since the first increase in May, interest rates have risen by a total of 1.75 percentage po

Read More Details
Finally We wish PressBee provided you with enough information of ( Reserve Bank of Australia hikes interest rates by 0.5% )

Also on site :

Final Palisades fire evacuation order lifted
Iran’s Revolutionary Guard intel chief killed in Israeli strike
'Unprecedented' number of US Air Force aerial refueling tankers heading toward Europe

Reserve Bank of Australia hikes interest rates by 0.5% ...Middle East

Loneliness Among US Adults: A Growing Concern?

Harriette Cole: They have no time for my unlikable aunt

How to protect yourself from the sun, from head to toe

Bike4Life 2025 - much anticipated charity event returns next month

Vigil held in memory of teenager found dead after going missing weeks before

Total War anniversary event showing off "new games" this December

Sister Wives’ Christine Hints at Kody, Robyn Premarital 'Sexual Experience'

Wayfair Is Selling a ‘Beautiful’ $179 Outdoor Rug for Just $37, and Shoppers Say It’s a ‘Perfect Pop of Color’

Dozens of smoke stores to disappear from map thanks to new law – they have a 30-day rule to comply with fresh orders

NC racial gerrymandering trial begins Monday

‘Ne Zha 2’ Director: China’s Animation Boom Must Lead to Creative Risk, Not Repetition

Leaders seek to avoid disaster with Trump at G7, where Israel-Iran conflict will loom large

Iran and Israel’s long range war

XCMG Machinery Advances Water Conservation Efforts in Ethiopia on World Day to Combat Desertification and Drought

‘Not Accountable to Anyone’: As Insurers Issue Denials, Some Patients Run Out of Options