Interest rates hit 15-year high as RBA raises cash rate | Sunrise

The Reserve Bank of Australia has raised the cash rate to 4.6 per cent, a 15-year high, citing persistent inflation driven by domestic spending, the Middle East conflict, and weak economic productivity. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook »   / sunrise   Instagram »   / sunriseon7   TikTok »   / sunriseon7   X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS