RBA Raises Cash Rate to 4.85%, Highest in 18 Years, on November 3
According to the Reserve Bank of Australia, the central bank raised its official cash rate target by 25 basis points to 4.85% on November 3, marking the highest level in 18 years. The decision came as RBA's policy board voted 6-3 in favor of the hike, with three members dissenting in favor of
GateNews·11-03 06:16
