Australia raises interest rates by 25 basis points to 4.85%, hitting a 18-year high
2026-11-03 17:13:01
According to CoinMeta, Australia has raised interest rates by 25 basis points today to 4.85%, setting a new high in 18 years. This rate hike is due to inflation driven by investments in artificial intelligence and rising energy costs.
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Source：Cointelegraph
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