Australia’s central bank raised its key interest rate to an 18-year high on Tuesday in a split decision, extending the developed world’s most aggressive tightening cycle as policymakers struggle to bring inflation back to target, Bloomberg reported.
Australia’s central bank raised its key interest rate to an 18-year high on Tuesday in a split decision, extending the developed world’s most aggressive tightening cycle as policymakers struggle to bring inflation back to target, Bloomberg reported.