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Australia hikes rates to 18-year high to fight inflation
Summary by Inflation News Editorial Desk CNBC Economy
· November 3, 2026
· 1 min read
Photo: CNBC Economy · view original
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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Summary created by Inflation News Editorial Desk — automated, rule-governed Published by CNBC Economy Original story Read at the source Source published Nov 3, 2026 Indexed here Nov 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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What is this story about? 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.
When was this published? This article was first published on November 3, 2026 by CNBC Economy and curated for Inflation News readers.
Who reported this story? This story was reported by CNBC Economy. To learn more about how Inflation News selects and reviews stories, see our editorial standards .
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