Australia central bank raises rates to highest since 2024 as inflation stays elevated
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Source: CNBC
Published: 2026-05-05 14:33 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Politics, Education, Australia, Economy & Finance, Business & Economy
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Snippet:
Australia's central bank on Tuesday raised its policy rate to 4.35%, its highest level since December 2024, amid elevated inflation.
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