Australia raises interest rates to an 18-year high as AI boom and energy costs fuel inflation
• The Reserve Bank of Australia raised its benchmark interest rate to 4.85% amid technology costs from AI investment and higher energy prices.
• The decision comes as inflation is fueled by the AI boom and rising energy costs.
• The move could affect capital flows and cryptocurrency markets across the region.
#BinanceSquare #CryptoNews #MacroNews
$btc $eth
#vlikevn #Titanbot
Source: CoinTelegraph
• The Reserve Bank of Australia raised its benchmark interest rate to 4.85% amid technology costs from AI investment and higher energy prices.
• The decision comes as inflation is fueled by the AI boom and rising energy costs.
• The move could affect capital flows and cryptocurrency markets across the region.
#BinanceSquare #CryptoNews #MacroNews
$btc $eth
#vlikevn #Titanbot
Source: CoinTelegraph