CATCH UP: Reserve Bank Governor Philip Lowe speaks about the interest rate hike | ABC News

CATCH UP: Reserve Bank Governor Philip Lowe speaks about the interest rate hike | ABC News

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The Reserve Bank has increased interest rates for the first time in more than 11 years, with a 25-basis-point hike taking the cash rate target to 0.35 per cent.

The RBA governor warns that getting inflation under control "will require a further lift in interest rates"

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