The Latest Breaking News from Interest Rates

RBA interest rates: Reserve Bank increases cash rate by 25 basis points in attempt to quash inflation

RBA decision to raise Australia’s cash rate by another 25 basis points brings the official rate to 4.1%, its highest level in 11 years

The Guardian - AU · Jun 6, 2023

Central bank going ‘rogue’, senator claims – as it happened

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The Guardian - AU · Jun 6, 2023

Live: RBA lifts interest rates to 4.1 per cent, Apple shares reach record high, ASX trades lower as Baby Bunting downgrades profits

The Reserve Bank has increased the cash rate to 4.1 per cent at its June meeting, citing "persistent" and "ongoing" high inflation. It's the highest cash rate since April 2012. Follow live.

ABC News · Jun 5, 2023

OPINION - Britain is the sick man of the West on inflation and now faces bitter medicine

First, the good news. Inflation is heading lower. US inflation peaked at 8.5 per cent late last year and is now running at around five per cent. Eurozone inflation peaked at 10.6 per cent and is now down to 6.1 per cent. UK inflation peaked at more than 11 per…

Evening Standard · Jun 5, 2023

What is behind a rise in evictions and what does it means for the rental sector?

No-fault evictions are on the increase even as the Government prepares to ban the practice.

Evening Standard · Jun 5, 2023

Don't blame Australia's lowest-paid workers if interest rates rise again

The odds have been shortening on the Reserve Bank of Australia lifting interest again, and Australia’s workers are again being blamed for driving inflation.

The Conversation · Jun 5, 2023

Investors cheer end of US debt drama

RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.

Bangkok Post · Jun 4, 2023

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.

Bangkok Post · Jun 4, 2023

Can market veteran Simsek pull Turkey’s economy back from brink?

New finance minister is widely respected by foreign investors and known for his orthodox economic approach.

Al Jazeera · Jun 4, 2023

‘Razor’s edge’: Duelling futures for mortgage bills as RBA mulls June interest rates hike

The RBA will decide this week whether to raise mortgage bills for millions of Australian families again, or deliver a June reprieve and pause interest

The New Daily · Jun 4, 2023