Bloomberg Television
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Reserve Bank of Australia Hikes Rates in Quickest Tightening on Record
Posted
July 5, 2022
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3:01Now PlayingThe 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.
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