Australia increases interest rates to highest level in 18 years
Headline from The Independent · First reported · Updated · 4 sources, 4 articles
Australia
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What's being reported
RBA governor says central bank’s new forecast saw economic growth slowing ‘markedly’
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Australia increases interest rates to highest level in 18 years
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What's happening to UK interest rates and what does it mean for mortgages?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
Australia raises rates to highest level since 2008 financial crisis
Central bank’s fifth increase this year comes as inflation remains above target
Australia hikes rates to 18-year high to fight inflation
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.
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