Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks – CNBC

What Happened

Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks  CNBCThe RBA has made one of its most controversial calls in recent years – and this rate rise may not age well  The GuardianAustralia’s RBA Raises Rates in Split Decision as Inflation Fears Intensify  WSJMorning Bid: Central banks gird for oil shocks as RBA votes 5-4 to hike  ReutersStatement by the Monetary Policy Board: Monetary Policy Decision | Media Releases  Reserve Bank of Australia

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Background Context

Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks  CNBCThe RBA has made one of its most controversial calls in recent years – and this rate rise may not age well  The GuardianAustralia’s RBA Raises Rates in Split Decision as Inflation Fears Intensify  WSJMorning Bid: Central banks gird for oil shocks as RBA votes 5-4 to hike  ReutersStatement by the Monetary Policy Board: Monetary Policy Decision | Media Releases  Reserve Bank of Australia

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Source: Business – Latest – Google NewsOriginal Link

Source: Business – Latest – Google News

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