▶youtube BusinessBanking first seen 10 h ago, last 34 min ago, peak #4
RBA lifts cash rate to 4.6% as Bullock explains decision
Original: RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6%
The Reserve Bank of Australia has raised the cash rate to 4.6%, with governor Michele Bullock fronting the announcement and explaining the board's reasoning. The decision means higher borrowing costs for Australian households and businesses, and Bullock's comments on inflation and the economic outlook are drawing close attention from markets, mortgage holders and commentators.
Why now: A surprise rate rise directly affects mortgages and the cost of living, making the governor's explanation newsworthy.
Reserve Bank of AustraliaMichele Bullock
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 34 min ago.
Evidence
- RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6% · youtube · 204.9K
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