The Reserve Bank of Australia has hiked interest rates for the second month in a row as war in the Middle East compounds inflation concerns. In a split five-four decision on Tuesday, the central bank’s monetary policy board lifted the cash rate by 25 basis points to 4.1 per cent, following a hike of the [...]Read More...The post Rates raised again as oil spike fuels inflation fears appeared first on Surf Coast Times.
Rates raised again as oil spike fuels inflation fears