{"id":84944,"date":"2023-06-06T01:09:52","date_gmt":"2023-06-06T05:09:52","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84944"},"modified":"2023-06-06T00:52:31","modified_gmt":"2023-06-06T04:52:31","slug":"australias-central-bank-hikes-rates-by-25-basis-points-defies-expectations","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/australias-central-bank-hikes-rates-by-25-basis-points-defies-expectations.html","title":{"rendered":"Australia\u2019s central bank hikes rates by 25 basis points, defies expectations"},"content":{"rendered":"\n<p>(CNBC) The Reserve Bank of Australia on Tuesday again defied market expectations and raised its benchmark rate by 25 basis points to 4.1%. Economists polled by Reuters were widely expecting the central bank to hold its rates steady. The Australian dollar rose by 0.73% to 0.6667 against the U.S. dollar shortly after the decision as the central bank grapples with the latest inflation rate of 7% for March quarter. Australian stocks fell further, and the S&amp;P\/ASX 200 last traded 1.14% lower.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/06\/australias-central-bank-hikes-rates-by-25-basis-points-defies-expectations.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Reserve Bank of Australia on Tuesday again defied market expectations and raised its benchmark rate by 25 basis points to 4.1%. Economists polled by Reuters were widely expecting the central bank to hold its rates steady. The Australian [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84944","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84944"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84944\/revisions"}],"predecessor-version":[{"id":84945,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84944\/revisions\/84945"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}