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Australia hikes rates despite signs of slowing inflation

The Reserve Bank of Australia lifted the key interest rate by 25 basis points to 3.85 percent, wrong-footing many economists who predicted there would be no change.

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​ The Reserve Bank of Australia lifted the key interest rate by 25 basis points to 3.85 percent, wrong-footing many economists who predicted there would be no change. The Reserve Bank of Australia lifted the key interest rate by 25 basis points to 3.85 percent, wrong-footing many economists who predicted there would be no change.  Moneycontrol Latest News Read More  

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