Reserve Bank of Australia delivers 9th straight rate hike, stays hawkish

Reserve Bank of Australia delivers 9th straight rate hike, stays hawkish

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SYDNEY — The Reserve Bank of Australia delivered a record ninth consecutive interest rate rise at its first policy meeting for this year, citing the stubbornness of inflation pressures and increased potential for a big jump in wages. RBA Gov. Philip Lowe on Tuesday announced a rise in the official…

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