Australia's Core Inflation Hits 16-Month High, Raises Bets for May Rate Hike

Australia’s Faster-Than Expected-Inflation Boosts Rate-Hike Bets

Australia’s monthly inflation came in stronger than expected in January, driven largely by housing costs and suggesting monetary policy settings may need to be tightened further.

Australia's core inflation hits 16-month high, raises bets for May rate hike

Australian consumer prices rose by more than expected in January, while core inflation hit the highest in over a year, an uncomfortable outcome for policymakers that raises the risk of another hike in interest rates.

Australia core inflation hits 16-month high, May rate hike odds jump to 80%

Sticky domestic price pressures push trimmed mean to 3.4%, keeping inflation above the Reserve Bank of Australia’s target band and sharpening expectations of further policy tightening

Rate rise risk for March looms large after inflation surprise

Bond yields have climbed and the Aussie dollar is up as traders ramp up bets that the Reserve Bank will be forced to act sooner than many economists expected.

‘No sugarcoating it’: Inflation continues to climb, rate rise tipped before budget day

The Reserve Bank is under increasing pressure to consider a rate rise before the budget in May after new figures showed inflation growing through the start of the year.

Australia's Faster-Than-Expected Inflation Boosts Rate-Hike Bets

(Bloomberg) — Australia’s monthly inflation came in stronger than expected in January, driven largely by housing costs and suggesting monetary policy settings may need to be tightened further.