Source: CNBC
“Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%, amid sticky inflation. The 25 basis points hike was in line with expectations from analysts polled by Reuters, and comes as Australia’s inflation stays above the central bank’s upper limit of 3%, with the war in the Middle East risking a further rise in prices. … Inflation in the country was at 3.6% for the quarter ended December. On monthly basis, inflation was at 3.8% in January, marginally surpassing expectations of 3.7%.” (03/17/26)
https://www.cnbc.com/2026/03/17/australia-central-bank-interest-rates-rise.html