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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices.

Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

Source：Cointelegraph

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Source：https://cointelegraph.com/markets/australia-lifts-rates-as-ai-boom-energy-costs-fuel-inflation