Gladys J. Bell

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Cash Rate Increases to 1.35%

Sat Jul 23 , 2022
[ad_1] Assertion by Philip Lowe, Governor: Financial Plan Choice At its assembly these days, the Board decided to raise the income charge target by 50 basis points to 1.35 per cent. It also enhanced the curiosity fee on Trade Settlement balances by 50 basis factors to 1.25 per cent.