Australian cash rate rises for 7th straight month to 2.85%


              Workers in high visibility clothing walk past the Reserve Bank of Australia in Sydney, Tuesday, Nov. 1, 2022. Australia’s central bank boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85 percent. (AP Photo/Rick Rycroft)
            
              A woman walks past the Reserve Bank of Australia in Sydney, Tuesday, Nov. 1, 2022. Australia’s central bank boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85 percent. (AP Photo/Rick Rycroft)
Australian cash rate rises for 7th straight month to 2.85%