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By Rodrigo Santos Andrade
RBA warns inflation may stay ‘above targets’ for some time
visibility comment0 event February 3, 2026 timer 07:12
The Reserve Bank of Australia has raised interest rates by 25 basis points which is the first hike since 2023.
The RBA cited concerns over persistent inflation.
The move comes as a reversal from previous rate cuts and has sparked discussions around government spending levels.
Tags: Australian News, Breaking News Australia, Sky News Australia
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