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Urgent: Australia's central bank announces 1st interest rate rise in over 2 years

Urgent: Australia's central bank announces 1st interest rate rise in over 2 years

Xinhua
03 Feb 2026, 09:15 GMT+

SYDNEY, Feb. 3 (Xinhua) -- Australia's central bank on Tuesday lifted the cash rate target by 25 basis points to 3.85 percent, the first interest rate rise in more than two years.

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