RBA Raises Rates to 3.85% as Inflation Proves Stubborn
#RBA #InterestRates #AusNews #Inflation #CashRate #AusEconomy
https://thedailyperspective.org/article/2026-03-08-rba-raises-rates-to-3-85-as-inflation-proves-stubborn-6c260a77
The RBA increased the cash rate by 25 basis points to 3.85% on 3 February, the first hike in over two years. Inflation sits at 3.8%, above target, while mortgage stress rises.
The Daily Perspective