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Home / Australian central bank hikes interest rate to 3.85 per cent

Australian central bank hikes interest rate to 3.85 per cent

Posted on May 2, 2023May 2, 2023 by admin

Australia’s central bank on Tuesday surprised markets by increasing its benchmark interest rate by a quarter percentage point to 3.85 per cent despite pausing its climb last month and new evidence that inflation is slowing.
Source: ctv business
Australian central bank hikes interest rate to 3.85 per cent

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