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cash rate hike

Reserve Bank of Australia raises cash rate to 4.85%, governor warns of short-term pain to control inflation News Reserve Bank of Australia raises cash rate to 4.85%, governor warns of short-term pain to control inflation Reserve Bank of Australia raises cash rate to 4.85%, warning of short-term pain ahead to curb inflation and stabilize the economy. Reserve Bank of Australia raises cash rate to 4.85%, highest in 18 years amid inflation concerns News Reserve Bank of Australia raises cash rate to 4.85%, highest in 18 years amid inflation concerns Reserve Bank of Australia raises the cash rate to 4.85%, the highest in 18 years, amid rising inflation concerns. Reserve Bank of Australia set to raise cash rate to 18-year high amid cost of living concerns News Reserve Bank of Australia set to raise cash rate to 18-year high amid cost of living concerns Reserve Bank of Australia prepares to raise cash rate to an 18-year high amid rising cost of living concerns in 2026.