Reserve Bank Hints at Another Rate Rise

Reserve Bank hints at another rate rise

The minutes of the Reserve Bank’s last meeting have suggested another hike is possible on November 3, that would see borrowers paying the highest interest since 2008.

RBA Minutes: Case for rates to act promptly to keep inflation expectations anchored

RBA Minutes Reveal Strong Case for September Hike, With Holding Considered Only Briefly - ActionForex

Minutes of RBA’s September 28–29 meeting revealed a strong case for raising interest rates, with policymakers giving substantially greater attention to arguments for tightening than those for leaving rates unchanged. Members cited three reasons for increasing the cash rate by 25bps to 4.60%: upside inflation risks were materializing, responding promptly could prevent more persistent price […]

Australia's central bank signals further rate hikes possible

The Reserve Bank of Australia (RBA) warned that the risk of persistently elevated inflation had increased, according to minutes of its September monetary policy meeting released on Tuesday.The minutes...