Australia hikes interest rates for first time since 2010 - CNA

SYDNEY: Australia's central bank raised interest rates for the first time in more than a decade on Tuesday (May 3), a pre-election hike designed to curb soaring consumer prices. The Reserve Bank of Australia raised the main lending rate by 25 basis points …

SYDNEY: Australia's central bank raised interest rates for the first time in more than a decade on Tuesday (May 3), a pre-election hike designed to curb soaring consumer prices. The Reserve Bank of … [+1822 chars]

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