{"id":389235,"date":"2026-03-19T08:50:05","date_gmt":"2026-03-18T22:50:05","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=389235"},"modified":"2026-03-19T08:50:06","modified_gmt":"2026-03-18T22:50:06","slug":"rba-raises-rates-to-4-10-amid-inflation-and-iran-war-pressures","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=389235","title":{"rendered":"RBA Raises Rates to 4.10% Amid Inflation and Iran War Pressures"},"content":{"rendered":"\n<p>In a tight 5-4 vote, the Reserve Bank of Australia hiked its cash rate to 4.10 per cent, citing inflation at 3.8 per cent headline and 3.4 per cent trimmed mean\u2014both over the 2-3 per cent band\u2014plus rising expectations and capacity pressures. <\/p>\n\n\n\n<p>The decision unfolded against the Iran war that erupted on February 28, driving up petrol prices and adding risks, while unemployment stayed at 4.1 per cent. <\/p>\n\n\n\n<p>Treasurer Jim Chalmers noted the family toll but pointed to relief measures and ACCC probes into fuel price hikes by suppliers like Ampol and BP; opposition figures blamed government spending, as banks passed on higher costs raising typical $500,000 loan repayments by $80 monthly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decision unfolded against the Iran war that erupted on February 28.<\/p>\n","protected":false},"author":22,"featured_media":389236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273,999,35],"tags":[13199,9562],"class_list":["post-389235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-australia-politics","category-breaking-news","tag-jim-chalmers","tag-one-nation-party"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/389235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=389235"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/389235\/revisions"}],"predecessor-version":[{"id":389237,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/389235\/revisions\/389237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/389236"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=389235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=389235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=389235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}