Breaking: RBA lifts interest rates to highest level in 18 years to try to dampen inflation
Households and businesses face a bleak Christmas and even tougher 2027 with the RBA forecasting inflation and interest rates to remain high for at least the next 12 months.
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How we rate outletsThe story so far
- No inflation, interest rate relief for next 12 months, RBA warns.
- RBA raises interest rates to 2008 levels, sees more hikes to ward off inflation.
Who's reporting it
- Investing.comIInvesting.comCenter
RBA raises interest rates to 2008 levels, sees more hikes to ward off inflation
- ABC (AU)A(ABC (AU)Center
RBA lifts interest rates to highest level in 18 years to try to dampen inflation
- BNBusiness News - Latest HeadlinesCenter
No inflation, interest rate relief for next 12 months, RBA warns
Timeline
46m ago
Business News - Latest Headlines: Households and businesses face a bleak Christmas and even tougher 2027 with the RBA forecasting inflation and interest rates to remain high
32m ago
ABC (AU): RBA lifts interest rates to highest level in 18 years, in majority decision by RBA board.
22m ago
Investing.com: RBA raises interest rates to 2008 levels, sees more hikes to ward off inflation
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