RBA Hikes Rates by 25 Bps to 3.5%

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RBA Hikes Rates by 25 Bps to 3.5%

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11-03-2009, 12:50 AM

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RBA Hikes Rates by 25 Bps to 3.5%

The RBA raised rates by 25 bps to 3.5%, in line with expectations. Nicki Hutley, principal economist at Access Economics, Adrian Foster, Asia Pacific head of financial markets research at Rabobank and Song Seng Wun, regional economist at CIMB-GK Research analyzes the move, with CNBC's Matthew Taylor & Lisa Oake.---

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