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RBA increases cash rate by 50 basis points per cent to 1.85 per cent

Posted: 2022-08-02 04:42:57

Original link: https://www.smh.com.au/national/rba-increases-cash-rate-by-50-basis-points-per-cent-to-1-85-per-cent-20220802-p5b6mq.html?ref=rss&utm_medium=rss&utm_source=rss_feed

Video: RBA increases cash rate by 50 basis points per cent to 1.85 per cent

<div id="app" readability="3.1702990369995"><p>RBA increases cash rate by 50 basis points per cent to 1.85 per cent</p><div class="_2lciU" role="" readability="9"><svg aria-hidden="true" class="QMY9O idv27" focusable="false" height="1em" width="1em"><use xlink:href="https://www.smh.com.au/#icon-exclamation"/></svg><p>We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.</p><button class="_760Mo">Dismiss</button></div><nav class="RbLp5"><a href="https://www.smh.com.au/#sections">Skip to sections navigation</a><a href="https://www.smh.com.au/#content">Skip to content</a><a href="https://www.smh.com.au/#footer">Skip to footer</a></nav><header class="_21UZG noPrint" data-testid="header"/><main id="content"><div class="_1edU- _3ECgH _2TEVJ OK924"><article class="EZrB_" readability="1.1511627906977"><header class="_3xObU" readability="2.70703125"><h2 class="_1riAX" data-testid="video-intro">The Reserve Bank of Australia has increased the cash rate by 50 basis points to 1.85 per cent.</h2><p><time class="_2_zR-" data-testid="datetime" datetime="2022-08-02T14:42:57+10:00">August 2, 2022 — 2.42pm</time></p></header><div class="_3nhoI _1owPT noPrint" data-testid="video-player"><div class="_2GXIh"><a class="_38pPB _3u2kV" href="javascript:void(0);"><p><span class="_2wzgv _3lVFK"><span class="_29Qt8"/><span 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