Reserve bank of Australia did raise their interest rate levels this morning. Even if the monetary action was expected, we have seen AUD making moves against its peers, with GBP/AUD down roughly one percent.
Inflation levels have ticked up since the second half of 2025, and with inflationary risk possible to continue, RBA pushed their interest rate level up to 3.85%. Higher interest rates will put pressure on households and business, with less disposable income available and should dampen inflation levels moving forward.
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