Australia RBA Interest Rate Decision meets expectations (1.35%)

Jul 5, 2022

RBA hikes OCR by 50 bps to 1.35%, as expected

At its July 5 monetary policy meeting, the Reserve Bank of Australia (RBA) board members decided to raise the official cash rate (OCR) by 50 basis poi

RBA: Size and timing of future interest rate increases will be guided by data

Following are the key headlines from the July RBA monetary policy statement, via Reuters, as presented by Governor Phillip Lowe. Board expects to take