Event Brief
RBA Raises Rates Amid Rising Petrol Prices
Filed: Mar 18, 2026 at 6:32 PM ET
Summary: The Reserve Bank raised interest rates again, sparking debate on its effectiveness against inflation driven by global petrol price hikes.
WHO: Reserve Bank of Australia
WHAT: raised interest rates
WHEN: Mar 18, 2026 at 6:08 PM ET
WHERE: Australia
WHY: to combat inflation caused by rising petrol prices
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