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Reserve Bank of Australia Hikes Interest Rate to 4.1%

Primul articol: 18 mar. 2026, 09:00 | Ultima actualizare: 18 mar. 2026, 09:00 | 1 sursa | 1 articol
#australia#rba#interestrates#economy

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The Reserve Bank of Australia (RBA) has increased the official cash rate to 4.1%. This decision is expected to put further pressure on mortgage holders and the housing market. The RBA's move is aimed at curbing inflation, which remains a key concern for the Australian economy. The increase is likely to have ripple effects across various sectors.

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Sumitomo Life Plans to Invest $1.9 Billion in Private Credit Foto: Bloomberg
Bloomberg English Nao Sano 18 mar. 2026, 09:00 (acum 6 ore)

Sumitomo Life Plans to Invest $1.9 Billion in Private Credit

Sumitomo Life Insurance Co. is considering allocating about ¥300 billion ($1.9 billion) on private credit in the fiscal year starting April, in the latest push by a Japanese financial firm into alternative assets to boost returns.

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