Reserve Bank of Australia Raises Cash Rate to 4.85%. Australia's central bank lifted its cash rate by 25 basis points to 4.85% at 10:30 PM EST Monday (03:30 UTC Tuesday) on a 6–3 board vote, citing AI-related investment and higher fuel prices. | News | MoonHub
Reserve Bank of Australia Raises Cash Rate to 4.85%. Australia's central bank lifted its cash rate by 25 basis points to 4.85% at 10:30 PM EST Monday (03:30 UTC Tuesday) on a 6–3 board vote, citing AI-related investment and higher fuel prices.
