Reserve bank lifts interest rates from 4.10% to 4.35%

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Reserve bank lifts interest rates from 4.10% to 4.35%

Nov. 7, 2023 - 17:31 By ABC NEWS (Australia)

Borrowers have been dealt a cup day blow with the Reserve Bank hiking interest rates to their highest level in 12 years. The latest increase brings the cash rate to 4.35% the RBA boss warning there could be more pain to come.