Australia raises rates for first time since late 2023 as inflation hits six-quarter high

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Australia raises interest rates for the first time since late 2023 due to a six-quarter high inflation rate, indicating a shift in monetary policy to combat rising prices.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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This comes as the country sees its highest level of inflation in six quarters.

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Original article published by CNBC on February 3, 2026.
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