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

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

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SYDNEY, Dec 6 (Reuters) - Australia's central bank raised its cash rate 25 basis points to a 10-year high of 3.10% on Tuesday and reiterated that further policy tightening will be needed ahead, although policy was not on a pre-set path. Wrapping up its December policy meeting, the Reserve Bank of…

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