Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|

At its meeting today, the Board decided to increase the cash rate unchanged at 3.60 per cent. It also increased the interest rate on Exchange Settlement balances unchanged at 3.50 per cent. This decision follows a cumulative increase in interest rates of 3½ percentage points since May last year. The Board recognises that monetary policy operates with a lag and…