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Feb 3 • 03:49 UTC • 🇬🇧 UK • Guardian

RBA interest rates decision: Reserve Bank increases cash rate to 3.85% in blow to mortgage holders

The Reserve Bank of Australia has raised its cash rate to 3.85% for the first time in over two years, significantly impacting mortgage holders amid concerns over rising inflation.

#rba #interest rates #australia #mortgage #inflation
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