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Australia hikes rates to 18-year high to fight inflation

CNBC Markets · Tue, 03 Nov 2026 03:46:20 GMT

Read the full story at CNBC Markets ↗

OmniFin Portal's take

Excerpt from CNBC Markets: “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.”

Rule-based headline sentiment: Neutral

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