Australia hikes rates to 18-year high to fight inflation

Source: cnbc November 2, 2026 · 19:32
From the publisher
The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

Wikipedia
Wikidata Q1023912
Wikidata ↗
Capital
Canberra
Region
East Asia & Pacific
Income level
High income
ISO code
AUS
Data: World Bank

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