Live: RBA expected to increase rates for fourth consecutive month to curb rising inflation

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The Reserve Bank is tipped to raise the cash rate for the fourth time in as many months to curb inflation. Our experts answer what it means for you. Follow live.

, ahead of an expected interest rate hike today.

Experts are tipping the RBA will increase rates for the fourth consecutive month due to rising inflation.will be delivered to the federal government next year, including looking into its task of keeping inflation between two and three per cent.people are doing it really tough. That was foreshadowed well before the federal election that would occur," he said.

 

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Maybe raising the rates isn’t helping to curb inflation?

The legacy of increased lending rates needs to be tethered with savings interest rates expeditiously and mandatory.

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