RBA hikes again as Middle East tension fuels inflation risk
TL;DR
Australia’s Reserve Bank raised rates by 25 basis points to 4.1%—the second hike in as many months—citing higher fuel costs tied to Middle East disruption and firmer inflation expectations; the move tightens policy ahead of a week when the BoE, Fed, ECB and BoJ are expected to hold rates, with domestic inflation around 3.8% in January and growth uncertainty.
Topics:businesseconomy#central-banks#economy#global-economy#inflation#oil-prices#reserve-bank-of-australia
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