Source summary (excerpt): “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.”
Sourcing: single source, treat as unconfirmed until corroborated.
Macro & EconomyBRIEF
Australia hikes rates to 18-year high to fight inflation
CNBC reported on Mon Nov 2, 9:46 PM CT, unconfirmed by other outlets so far: Australia hikes rates to 18-year high to fight inflation.
What happened
Reported from CNBC. Site-only brief: it was not posted on X.