Episode Details
Back to Episodes
RBA Eyes Another Rate Hike | Perth News
Description
The Reserve Bank of Australia is on edge as it prepares for a pivotal meeting this month, with another interest rate hike looming. Inflation remains stubbornly high, and officials — including chief economist Sarah Hunter and Governor Michele Bullock — are set to reinforce their hawkish stance at key events. Recent comments from deputy governor Andrew Hauser rattled bond markets, prompting even major banks like Westpac to revise forecasts toward a September hike. While monthly inflation data spiked, the RBA typically relies on quarterly figures, but could still act urgently if consensus allows. Global inflation pressure, especially from the U.S., adds to the tension as markets brace for decisions that could ripple across economies.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/571ebec05e9aef47