Australia Pushes Rates to 15-Year High and Warns It May Go Further

Your call?🐂 Bullish🐻 Bearish

4.6%

RBA cash rate

The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 4.6%. The move pushes borrowing costs to their highest level since 2011. The nine-member board backed the decision unanimously, delivering its fourth increase…