Australian interest rates hit a 15-year high after a fourth hike in 2026
CNBC reports a 25-basis-point hike, in line with expectations among economists polled by Reuters. Nikkei Asia says the central bank is balancing inflation concerns against worries over employment.
TLDR
Nikkei Asia reports that Australia's fourth interest-rate hike this year took rates to a 15-year high. CNBC says the 25-basis-point move matched economists' expectations in a Reuters poll as Australia fights sticky inflation. Nikkei Asia says the central bank also faces concerns about employment.
Combined views
34.4K
4 Sources, first seen 3h ago