Australia’s central bank lifts rates to 18-year high, split vote points to pause ahead
Australia’s central bank lifts rates to 18-year high, split vote points to pause ahead
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Australia’s central bank lifts rates to 18-year high, split vote points to pause ahead
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The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.
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The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.
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