RBA has raised cash rate for 12 of last 13 meetings as economists fear recession

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RBA has raised cash rate for 12 of last 13 meetings as economists fear recession
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Sky News Business reporter Edward Boyd says RBA Governor Philip Lowe has “made it clear” Australia’s cash rate will continue to rise despite already lifting four per cent in just over one year.

“So, at 12 meetings out of 13 meetings the Reserve Bank has held, they have raised the cash rate,” Mr Boyd told

Sky News Australia.RBA Governor Philip Lowe will front the press at a banking conference in Sydney on Wednesday.

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