economySydney, Australia
RBA lifts cash rate to 4.6% as consumer confidence plunges
The RBA lifted its cash rate target by 0.25 percentage points to 4.6% on September 29, the highest since late 2011. Consumer confidence then fell sharply, with the post-decision index reaching its lowest level since the late 1990s.
4increases
AllegedThe RBA was expected to make its fourth cash-rate increase in 2026.