Australian Dollar Falls After Central Bank's Smaller-Than-Expected Rate Hike

Australian Dollar Falls After Central Bank's Smaller-Than-Expected Rate Hike

On Croblanc, you like to find the freshest contents of the internet. Well, once again we'll be able to treat you because since October 4, 2022, a new video is available on Bloomberg Markets and Finance's channel and that's why we're sharing it with you without further delay!

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The video has been posted for less than an hour and is currently the talk of the web. Usually the new videos of the Youtube channel Bloomberg Markets and Finance are much less talked about. Soon in trends? That's all the bad news we wish him, considering the work this channel has been doing for many years now!

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All good things must come to an end and this article is no exception to the rule! See you later for the next content to discover on Croblanc!

For your information, you can find below the description of the video Australian Dollar Falls After Central Bank's Smaller-Than-Expected Rate Hike published by the Youtube channel Bloomberg Markets and Finance:

The Reserve Bank of Australia surprised investors by raising interest rates at half the pace expected. The central bank raise the cash rate by 25 basis points to 2.6% -- a result predicted by only a quarter of 28 economists surveyed by Bloomberg. The local currency fell following the announcement. Paul Allen and Paul Dobson report on Bloomberg Television with Rishaad Salamat and Haslinda Amin.