✉news BusinessEconomy first seen 14 h ago, last 23 min ago, peak #2
Australia warns of more rate hikes after lifting rates to 15-year high
Original: Australia says more hikes not off the table after raising rates to 15-year high
Australia's central bank has raised interest rates to their highest level in 15 years and signalled that further increases remain possible as it battles persistent inflation. Policymakers stressed that more hikes are 'not off the table', a warning that is keeping borrowers, markets and economists on alert about the path of monetary policy.
Why now: The rate rise to a 15-year high, combined with signals of further tightening, has immediate implications for mortgages, markets and inflation expectations.
AustraliaReserve Bank of Australia
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