Bloomberg Markets and Finance published this video item, entitled “Reserve Bank of Australia Hikes Rates in Quickest Tightening on Record” – below is their description.
The Reserve Bank of Australia delivered its first ever consecutive half-percentage point interest-rate hike as it joins global central banks in fighting inflation. The RBA took the cash rate to 1.35% — the highest since May 2019. Manus Cranny and Juliette Saly report on Bloomberg Television.Bloomberg Markets and Finance YouTube Channel
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