Interest rates: RBA concedes hike to 3.85% is ‘not the news mortgage holders want to hear’

Описание: The governor of the Reserve Bank of Australia (RBA), Michele Bullock, says she empathises with mortgage holders but defends Tuesday’s decision to lift the cash rate for the first time in more than two years. ‘Now, I know this is not the news that Australians with mortgages want to hear, but it is the right thing for the economy,’ says the governor
Subscribe to Guardian Australia on YouTube and hit the bell to see new videos ►    / @guardianaustralia  

RBA interest rates decision: Reserve Bank increases cash rate to 3.85% in blow to mortgage holders ► https://www.theguardian.com/australia...

Get the latest news at theguardian.com ► https://www.theguardian.com/au?CMP=gd...

Support Guardian Australia ► https://support.theguardian.com/contr...

Sign up to Guardian Australia's free daily newsletters, the Morning Mail and Afternoon Update ► https://www.theguardian.com/email-new...

Find or follow Guardian Australia:
Website ► https://theguardian.com/au?CMP=gdnaus_yt
Google News ► https://news.google.com/publications/...
Instagram ►   / guardianaustralia  
TikTok ►   / guardianaustralia  
LinkedIn ►   / guardianaustralia  
Threads ► https://www.threads.net/@guardianaust...
WhatsApp Channels ► https://whatsapp.com/channel/0029VaBW...
Facebook ►   / theguardianaustralia  
Newsletters ► https://www.theguardian.com/email-new...

Subscribe to the Guardian's other YouTube channels:
The Guardian ►    / @theguardian  
Guardian News ►    / @guardiannews  
Guardian Football ►    / @guardianfootball  
Guardian Sport ►    / @guardiansport  
Guardian Live ►    / @guardianlive  

#rba #cashrate #australia #economy #interestrates