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Article The Guardian World News

RBA hikes official interest rate to 4.35% in blow to mortgage holders

The Guardian World News May 5, 2026 · 4:41 am Read Original
Bullish 78.4
−100 Bearish 0 +100 Bullish
RBA hikes official interest rate to 4.35% in blow to mortgage holders

Reserve Bank of Australia raises rates for third consecutive meeting, lifting them to early-2025 levels Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has delivered a third straight interest rate hike to contain growing inflationary pressures linked to higher fuel prices, even as it warned the Iranian war would deliver a major blow to the economy.The widely expected decision to lift the cash rate to 4.35%, from 4.1%, comes as the central bank revealed a gloomy new set of forecasts that showed intensifying cost of living pressures alongside weaker growth. Continue reading...

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Article Info
Source The Guardian World News
Published May 5, 2026 · 4:41 am
Article ID qq02eck
Original URL Open source
Sentiment Signal
Bullish 78.4
−100Neutral+100
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