# Australia hikes rates to 18-year high to fight inflation

- Source: CNBC Top News
- Published: 2026-11-03T03:32:56+00:00
- Category: Markets
- Original: https://www.cnbc.com/2026/11/03/australia-hikes-rates-18-year-high-finflation.html
- Canonical: https://groundlevelnews.com/story/australia-hikes-rates-to-18-year-high-to-fight-inflation-382881/

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.

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