Australia's Interest Rate Hiked to 4.35%, Inflation Soars episode artwork

EPISODE · May 5, 2026 · 1 MIN

Australia's Interest Rate Hiked to 4.35%, Inflation Soars

from The Daily News Now! Business

Australias central bank raises interest rate to 4.35%, highest since 2011, amid surging inflation and Middle East tensions. Inflation soars to 4.6% in March, far above target. Growth forecasts trimmed, policy rate potentially reaching 4.7% by December 2026. Borrowers and economy brace for impact. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/30489ae0c3e68a25

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Australia's Interest Rate Hiked to 4.35%, Inflation Soars

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This episode was published on May 5, 2026.

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Australias central bank raises interest rate to 4.35%, highest since 2011, amid surging inflation and Middle East tensions. Inflation soars to 4.6% in March, far above target. Growth forecasts trimmed, policy rate potentially reaching 4.7% by...

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