RBA governor announces cash rate hike and warns more interest rate rises could come – video

Michele Bullock says more interest rate rises may be needed after the third interest rate hike in 2026 bringing the offical cash rate to 4.35%. The Reserve Bank governor says rate hikes to date won’t be able to stop fuel prices from driving up inflation and are instead aimed at cutting spending to stop broader prices from rising after the oil price spike endsRBA interest rates: Reserve Bank hikes official cash rate to 4.35% in blow to mortgage holders Continue reading...