BUSINESS● LOW3h ago · Nov 3, 2026, 5:47 AM
RBA hikes benchmark rate to 18-year high of 4.85% as inflation risks persist
Seeking Alpha Tech · oceania
The Reserve Bank of Australia has increased its benchmark interest rate to an 18-year high of 4.85% due to ongoing inflation risks. This move by the central bank aims to address persistent inflationary pressures in the economy.
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