Inflation lower as RBA increases interest rates

By David Olsen · 6 April 2010 · Locked

RBA makes surprise move: What's next for Aussie economy?

The Reserve Bank of Australia has increased interest rates, but what does this mean for your wallet? Stay ahead of the curve and find out why this move is a game-changer.

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Summary

The Reserve Bank of Australia (RBA) will raise the official cash rate 25 basis points to 4.25 per cent, effective 7 April 2010, surprising the markets that had predicted the cash rate would remain unchanged.

Tags: GFC, Glenn Stevens, House Prices, Interest Rates, monetary policy, Rba