29-September-2026
Economy News
 
Australia's Central Bank Raises Cash Rate to 15-Year Peak
29-Sep-2026

Australia's central bank raised its cash rate to a 15-year high of 4.60% on Tuesday in its fourth hike of the year, saying inflation was too high and it was prepared to hike further if needed.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-29/australias-central-bank-raises-cash-rate-to-15-year-peak