EconomyAustralia’s central bank raises rates to an 18-year high as split vote hints at a pause
Australia’s central bank lifted its cash rate to its highest level in 18 years on Tuesday, marking the fifth increase this year. But a narrower-than-expected 6-3 vote suggests policymakers may be nearing the end of their tightening campaign.
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Reuters★★★☆☆2026-11-03 06:15Original
Australia’s central bank raises rates to an 18-year high as split vote hints at a pause
Economy