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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

Cointelegraph · Tue, 03 Nov 2026 04:14:32 GMT

Read the full story at Cointelegraph ↗

OmniFin Portal's take

Excerpt from Cointelegraph: “The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.”

Rule-based headline sentiment: Bullish

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