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RBA lifts rates to 4.1% as inflation risk from Iran war persists

1 min read
Source: CNBC
RBA lifts rates to 4.1% as inflation risk from Iran war persists
Photo: CNBC
TL;DR

Australia's central bank hiked the cash rate by 25 basis points to 4.1%, the highest since April 2025, citing inflation staying above target and upside risks from the Iran war, with a tight labor market and solid growth underpinning the decision which passed 5-4.

Topics:worldbusiness#australia#business#inflation#interest-rate#iran-war#rba
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  1. Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks  CNBC
  2. Aussie dollar eases as RBA hikes rate; currencies drift on war uncertainty  Reuters
  3. Australia Delivers First Back-to-Back Rate Hikes Since Mid-2023  Bloomberg.com
  4. Australia news live: fresh blow to mortgage holders as RBA hikes official interest rate to 4.1% in second consecutive increase  The Guardian
  5. Reserve Bank of Australia Needs to Cease Equivocating About Inflation Risks  WSJ

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