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Event Brief

RBA lifts interest rates by 0.25 percentage points

The RBA raised interest rates by 0.25 percentage points to 4.35%, fully unwinding last year’s rate cuts.
WHO: Reserve Bank of Australia
WHAT: The RBA increased the cash rate by 0.25 percentage points to 4.35%.
WHEN: May 5, 2026 at 12:40 AM ET
WHERE: Australia
WHY: To increase the cash rate after prior rate cuts.

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