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✉news BusinessEconomy first seen 1 d ago, last 3 h ago, peak #2

Australia signals further 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 warned that further increases remain possible as it battles persistent inflation. Policymakers said more hikes are 'not off the table', keeping borrowers and markets on alert over the path of monetary policy.

Why now: The rate hike to a 15-year high, paired with warnings of more increases, has fresh implications for mortgages, inflation and markets.

AustraliaReserve Bank of Australia

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