Fundamentally, interest rates are determined by the RBA.

Name: Fundamentally, interest rates are determined by the RBA.
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Interest rates are influenced by a variety of factors including the policies of central banks (like the RBA in Australia), market demand and supply for credit, inflation expectations, and the global economic environment. The RBA sets the official cash rate, which influences, but does not directly determine, market interest rates.

Fundamentally, Interest Rates Are Determined by the RBA