Australia central bank raises rates to 10-yr high, says more needed By Reuters

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06 Dec 2022 0 shares 1 views

Australia central bank raises rates to 10-yr high, says more needed By Reuters

Australia central bank raises rates to 10-yr high, says more needed By Reuters

Upworthy

Published 06 Dec 2022

By Stella Qiu SYDNEY (Reuters) - Australia's central bank on Tuesday delivered a widely expected interest rate hike at its last policy decision of 2022 and said more hikes are still needed ahead as policymakers seek to rein in inflation. Wrapping up its December policy meeting, the Reserve Bank of…

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