Australia's central bank hikes rates to highest since 2008

🇦🇺 Daily Sabah Turkey (AU) —
Australia's central bank hikes rates to highest since 2008

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Australia’s central bank raised its key interest rate to its highest level since 2008, citing elevated inflation and the prolonged Middle East war. The increase tightens monetary conditions as policymakers respond to persistent price pressures.

Australia's central bank hiked its key interest rate to an 18-year high on Tuesday, citing the prolonged war in the Middle East and elevated inflation. In a statement, the Reserve...

World Conflict Politics Markets Australia central bank interest rates inflation monetary policy Middle East war

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