Australia hikes rates to 18-year high to fight inflation

CNBC•Tue, Nov 3, 2026, 03:46 AM•2 min read

The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.

Source: [CNBC](https://www.cnbc.com/2026/11/03/australia-hikes-rates-18-year-high-finflation.html)

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