UPDATE - Australian Central Bank Hikes Cash Rate to 4.1% Amid Iran Conflict - Statement

NAMPA / Sputnik

2026-03-17

(Updates to add details in paras 3,4) MOSCOW, March 17 (RIA Novosti) - The Reserve Bank of Australia raised the cash rate to 4.1% from 3.85% on Tuesday citing a heightened risk of inflation surging on the back of rising energy prices amid the conflict in the Middle East. "At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent … The conflict in the Middle East has resulted in sharply higher......

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