AustraliaAustralian Central Bank Raises Interest Rates
Australia's central bank has increased interest rates to 4.85%, the highest in 18 years, citing rising inflation driven by AI investments and energy costs.
Quorum · collective opinions
Australian Central Bank Raises Interest Rates
First report 18h agoLast update 15h ago1 takes 1
rate hike due to inflationneutralShow 2 posts
started 18h ago•Last update 15h ago
The RBA is using cash rates to combat inflation, which is being exacerbated by AI investments and energy costs, leading to the highest rates in 18 years.
2 socialconfidence 0.22
iWitness comments
No comments yet — be the first to weigh in.