Australia says more hikes not off the table after raising rates to 15-year high

🇦🇺 CNBC (AU) —
Australia says more hikes not off the table after raising rates to 15-year high

AI Summary

Australia’s central bank raised interest rates by 25 basis points to a 15-year high, in line with economists’ expectations. Officials said further increases remain possible.

The hike of 25 basis points was in line with expectations by economists polled by Reuters.

World Markets Australia interest rates central bank monetary policy inflation rate hike

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