# Australia raises rates to an 18-year high to fight inflation

https://mins.news/en/item/126513

- CNBC, 2026-11-03 03:32 UTC
- Economy
- Original: https://www.cnbc.com/2026/11/03/australia-hikes-rates-18-year-high-finflation.html

> The Reserve Bank of Australia lifted rates to their highest level in 18 years to combat inflation. The move matched expectations among economists polled by Reuters and was the bank’s fifth rate increase this year.

## Related coverage

- [Australia’s central bank raises rates to an 18-year high as split vote hints at a pause](https://mins.news/en/item/126627) — Reuters, 2026-11-03
- [Australia raises rates to highest level since 2008 financial crisis](https://mins.news/en/item/126577) — Financial Times, 2026-11-03