July 2022 RBA Announcement

Address: 12/19 Milton Street, Elwood, Victoria, 3184, AU
Telephone: 0409 089 456

As expected, the Reserve Bank of Australia (RBA) lifted the cash rate target by 50 basis points to 1.35% at today’s board meeting.

This marks the third month in a row that the RBA has hiked rates, with further increases expected over the course of this year as the central bank seeks to contain rising inflation.

July Statement

Regards,

Declan Hanratty

0409 089 456

Vanquish Finance Group

3/178b Gooch Street

THORNBURY VIC 3071

Australian Credit Licence No. 383120

383120

P: 0409 089 456 | View Website

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By Declan Hanratty|2022-07-05T17:14:29+10:00July 5th, 2022|Categories: Blogs, Creative, Interest Rates, RBA Updates|

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0409 089 456

ABN 19 880 907 430

3/178B Gooch Street

Thornbury Victoria 3071

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