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Australian central bank lifts cash rate to nine-year high 2.6pc

CANBERRA, AUSTRALIA (AP) – Australiaโ€™s central bank yesterday boosted its benchmark interest rate for a sixth consecutive month to a nine-year high of 2.6 per cent. The Reserve Bank of Australiaโ€™s increase of a quarter percentage point to the cash rate was smaller than those at recent monthly meetings. The banks hiked the rate by […]
United States Australian Capital Territory Jim Chalmers Shane Oliver Treasury Department Labor Party

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