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Murray Olds: Australian correspondent on the RBA hiking the OCR up again amid inflation concerns
Published 3 months ago
Description
The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.
This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.
Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East.
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