Australia's central bank raises interest rate to 3.85% after 3 cuts
Associated Press
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FILE - Workers in high visibility clothing walk past the Reserve Bank of Australia in Sydney, Nov. 1, 2022. (AP Photo/Rick Rycroft, File)FILE - Governor of the Reserve Bank of Australia Michele Bullock speaks at the forum Tokenization and the Financial System during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, April 23, 2025. (AP Photo/Jose Luis Magana, File)
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FILE - Workers in high visibility clothing walk past the Reserve Bank of Australia in Sydney, Nov. 1, 2022. (AP Photo/Rick Rycroft, File)