RBA raises cash rate target by 25bps to 4.60% in unanimous vote, keeps further tightening in play

The Reserve Bank of Australia raised its cash rate target by 25 basis points to 4.60% from 4.35%, a unanimous decision, saying inflation risks had "materialised" and keeping further tightening in play. The move was in line with expectations, with market-implied odds near 90%.

Detected & updated continuously · Source: Nebula