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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

Source: Cointelegraph.com News · Nov 03, 2026 04:14 UTC

The Quick Take

The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.

Read the full story at Cointelegraph.com News →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Cointelegraph.com News.

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