RBA lifts cash rate by 25 basis points

The central bank has slowed the pace of rate hikes, lifting the official cash rate by 25 basis points. The 0.25 percentage point lift is the sixth rate hike in a row and brings the cash rate to 2.6 per cent. The Reserve Bank of Australia governor Philip Lowe said the cash rate has been increased […]

This post was originally published on Michael West.