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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
CoinTelegraphNovember 3, 2026 · 4:34 AM2 min read
The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.
Originally published on CoinTelegraph
The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.
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