RBA lifts rates for first time in 2010, more to come

The Reserve Bank of Australia (RBA) has raised interest rates for the first time in 2010 as the economy continues to grow stronger than expected, economists say.
The central bank lifted the cash rate by 25 basis points to 4.0 per cent following its board meeting on Tuesday.
Eleven of 16 economists surveyed by AAP had tipped [...]

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