
(AGENPARL) – mar 05 luglio 2022 Having issues? [View the online version](https://events.rba.gov.au/link/id/zzzz62c3be92ad919285Pzzzz61358c86a728c671/page.html)
[Reserve Bank of Australia](https://events.rba.gov.au/link/id/zzzz62c3be92af4ad026Pzzzz61358c86a728c671/page.html)
Monetary Policy Decision
5 July 2022
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.25 per cent.
[Read today’s decision](https://events.rba.gov.au/link/id/zzzz62c3be92b0f3b053Pzzzz61358c86a728c671/page.html)
Communications Division
Reserve Bank of Australia
Previous [media releases](https://events.rba.gov.au/link/id/zzzz62c3be92b2be7679Pzzzz61358c86a728c671/page.html) are available on our website.