Reserve Bank signals more OCR rises likely

Last updated Wed, Sep 2

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Composite image: Vania Chandrawidjaja

Composite image: Vania Chandrawidjaja

Composite image: Vania Chandrawidjaja

Composite image: Vania Chandrawidjaja

What you need to know:

  • The Reserve Bank delivered its official cash rate (OCR) decision at 2pm.
  • The OCR was hiked by 25 basis points to 2.75%.
  • Both banks and economists were expecting another hike today.
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