[Market Close] RBA hikes by non-surprising 25 basis points

[Market Close] RBA hikes by non-surprising 25 basis points

The Reserve Bank of Australia (RBA) hiked its cash rate by an expected 0.25 basis point to 3.1% this afternoon, warning that a further increase in inflation was expected over the months ahead.




BusinessDesk


Stories written by multiple reporters.

Followers will be emailed articles by BusinessDesk