Sentiment: Negative
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Australia Hiked Rates By 25 Bps After Pause
By Varinder Singh at 2026-05-04 06:13
Sentiment: Negative
The Reserve Bank of Australia on Tuesday hiked interest rates by another 25 bps to 3.85% after a pause last month. The decision shocked investors as the central bank claimed further tightening is needed to control inflation as it has passed the peak, but 7% is still too high. Meanwhile, the European Central Bank (ECB) The post Australia Hiked Rates By 25 Bps After Pause appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bitcoin #ethereum #European central bank #Fed Rate Hike #interest rate #Reserve Bank of Australia #U.S. Federal Reserve
Source CoinGape