BREAKING 🚨
Australia lifts rates 25 bps to 4.85%, an 18‑year peak. 🚀
The Reserve Bank flags AI spending and higher energy costs as inflation drivers. Consumer prices stay above target, prompting tighter policy. The hike seeks to tame price growth. Markets saw modest bond yield moves.
Investors watch global borrowing impact. 📈
$HOT, $BMT, $AGT
Australia lifts rates 25 bps to 4.85%, an 18‑year peak. 🚀
The Reserve Bank flags AI spending and higher energy costs as inflation drivers. Consumer prices stay above target, prompting tighter policy. The hike seeks to tame price growth. Markets saw modest bond yield moves.
Investors watch global borrowing impact. 📈
$HOT, $BMT, $AGT
