Australia’s central bank says ready to go faster or pause on rate hikes as needed

2/11/2022 Australia’s central bank says ready to go faster or pause on rate hikes as needed. The head of Australia’s central bank on Tuesday said further increases in interest rates would likely be needed to tame inflation, and it was ready to go faster on hikes or to pause for a time if necessary. (2) Australia’s NAB hikes home loan rate by 25 bps, matching cenbank National Australia Bank Ltd on Tuesday said it will hike its standard variable home loan interest rate by 25 basis points (bps) per annum from end of next week, matching the central bank’s rate hike from.