Australia’s Accelerating Inflation Boosts RBA Rate-Hike Bets
Yahoo! Finance
(Bloomberg) -- Australian inflation accelerated to the fastest pace in 32 years in the final three months of 2022, exceeding forecasts and prompting money markets to price in an interest-rate hike at next month’s central bank meeting.Most Read from BloombergUS Confronts China Over Companies’ Ties to Russia War EffortNYSE Investigates Technical Issue That Caused Wild Market OpenChina Slams US on Debt Limit and Accuses Washington of SabotageUS and Germany Set to Send Tanks to Ukraine, Breaking Dea
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