Foreign media: Australia for the fourth consecutive interest rate hikes 50 basis points

Author:Zhongxin Jingwei Time:2022.09.06

Zhongxin Jingwei, September 6th. The Wall Street Journal reported on the 6th that the Australian Central Bank increased its official interest rate 50 basis points for the fourth consecutive time to curb inflation, and at the same time warned that it may still raise interest rates in the future.

The report pointed out that the Australian central bank increased the official overnight campaign interest rate from 1.85%to 2.35%after a policy meeting on Tuesday (September 6). Since May, the bank has raised interest rates of 225 basis points, which has tightened the fastest policy in the past 30 years.

The report quoted the President of the Australian central bank that the bank's "monetary policy committee is expected to further increase interest rates in the next few months, but this is not a preset path. The committee's assessment of inflation and employment market prospects. "

According to CCTV news, Australian media reported on September 2 that Australian Minister of the Interior Claire O'Neal announced that it would increase the number of permanent immigrants accepted by the fiscal year from 160,000 to 195,000 to alleviate the problem of labor. (Zhongxin Jingwei APP)

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