RBA Hikes Cash Rate to 4.85%: Highest in 18 Years Amid Inflation
The Reserve Bank of Australia raises the official cash rate by 25 basis points to 4.85% on Melbourne Cup Day 2026, pushing borrowing costs to an 18-year high.
Read moreClear analysis of the ideas, policies, prices, trade and structural shifts shaping economies.
View all topicsThe Reserve Bank of Australia raises the official cash rate by 25 basis points to 4.85% on Melbourne Cup Day 2026, pushing borrowing costs to an 18-year high.
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