Cointelegraph·Cointelegraph by Felix Ng·3h ago

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.

Discussion · 0

@·1s

💬 Discussion: 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.

Reply with your take — replies appear on this article and in the main feed. Open thread