Published 1 year ago

Australia's central bank raises key interest rate to 3.1%

Summary by Ground News

Australia's central bank has raised its benchmark interest rate by a quarter-point to 3.1%. The rate increase is the eighth in a row for the bank and takes it to its highest level in 10 years. Still, the key rate remains lower than in many other countries including the United States.

0 Articles

All

Left

Center

Right

The Independent

Australia's central bank raises key interest rate to 3.1%

Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation

1 year ago·London, United Kingdom

Read Full Article

Associated Press News

Australia's central bank raises key interest rate to 3.1%

Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation. The increase was the bank's eighth in a row for the bank and takes the rate to its highest…

1 year ago·United States

Read Full Article

abc News

Australia's central bank raises key interest rate to 3.1%

Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation

1 year ago·United States

Read Full Article

KRDO

Australia's central bank raises key interest rate to 3.1%

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation. The rate increase is the eighth in a row for the bank and takes it to its highest level in 10 years. Still, the key rate remains lower than in many other countries including the United States, where the Federal Reserve has raised its key interest rate to a …

1 year ago·Colorado Springs, United States

Read Full Article

RTÉ

Australia central bank raises rates to 10-year high

Australia's central bank has today raised interest rates to a 10-year high and stuck with its projection that more hikes are needed to cool inflation.

1 year ago·Ireland

Read Full Article

Winnipeg Free Press

Australia's central bank raises key interest rate to 3.1%

WELLINGTON, New Zealand (AP) — Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it continues trying to wrestle down inflation. The increase was […]

1 year ago·Winnipeg, Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.