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🇦🇺 TODAY: Australia raises interest rates by 25 basis points to 4.85%, an 18-year high, as AI investment and higher energy costs fuel inflation.
https://ct.com/markets/australia-lifts-rates-as-ai-boom-energy-costs-fuel-inflation
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https://ct.com/markets/australia-lifts-rates-as-ai-boom-energy-costs-fuel-inflation
News | Markets | YouTube
Cointelegraph
Australia Hikes Rates to 18-Year High as AI Fuels Inflation
Australia’s central bank raised interest rates to 4.85%, citing inflation pressures from AI investment and energy costs.
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