Australia Set to Push Rates to 10-Year High as Inflation Spirals
Australia’s central bank is all but certain to increase interest rates at its first meeting of the year, with some observers pointing to the risk of a resumption of outsized moves to counter a surprising surge in inflation.
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### Instruction: Australia Set to Push Rates to 10-Year High as Inflation Spirals

### Response: Australia’s central bank is all but certain to increase interest rates at its first meeting of the year, with some observers pointing to the risk of a resumption of outsized moves to counter a surprising surge in inflation.