Former Reserve Bank of Australia board member
Appears in 1 story
Last updated Nov 3, 2026
Called a pre-year-end hike 'plausible' in October; the RBA delivered one on November 3
The Reserve Bank of Australia raised its benchmark cash rate by a quarter point to 4.85% on November 3, the fifth increase this year and the highest level since 2008. The bank cited persistent inflation and rising energy costs linked to the Iran war.
Updated Nov 3
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