Article #20504

South China Morning Post - World News

South China Morning Post - World News

Title Australia’s interest rate rise signals growing hawkish stance in Asia Source South China Morning Post - World News
Description For an indication of how much the energy crisis is shaping the path of monetary policy, look no further than Australia. On May 5, the country’s central bank raised interest rates for the third consecutive time, unwinding last year’s monetary easing. The Reserve Bank of Australia (RBA) said “higher fuel prices are adding to inflation and there are indications that this is likely to have second-round effects on prices for goods and services more broadly”. The RBA’s decision to keep tightening...
Link https://www.scmp.com/opinion/world-opinion/article/3352708/australias-interest-rate-rise-signals-growing-hawkish-stance-asia?utm_source=rss_feed Published At 2026-05-07 04:30:05 (1 month ago)
Created At 2026-05-07 04:32:17 Updated At 2026-05-07 04:32:17