Australia raises interest rates to 15-year high
- Reserve Bank of Australia lifts benchmark rate to 4.6 percent amid stubborn inflation.
- Australia’s central bank has raised interest rates to a 15-year high, spelling higher mortgage payments for millions of Australian households.
- The Reserve Bank of Australia (RBA) on Tuesday lifted the benchmark rate by 0.25 percent to 4.6 percent, its highest since 2011.
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- Reserve Bank of Australia lifts benchmark rate to 4.6 percent amid stubborn inflation.
- Australia’s central bank has raised interest rates to a 15-year high, spelling higher mortgage payments for millions of Australian households.
- The Reserve Bank of Australia (RBA) on Tuesday lifted the benchmark rate by 0.25 percent to 4.6 percent, its highest since 2011.
Sources: Al Jazeera