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Australia interest rate policy 2026

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FIRST ENTRY NOV 03
NOV 03 · Day 1

Australia hikes interest rates to 18-year high

The RBA said the delayed return to the inflation target was due to higher fuel and other commodity prices, as well as AI-related investment driving rapid growth in prices for technology-related goods.

The RBA's rate hike was in line with expectations from economists polled by Reuters.

Australia's CPI in September was up from 4% in August and marked its highest level since March.

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