IMF says Australia may need further interest rate rises to tame inflation

IMF says Australia may need further interest rate rises to tame inflation

SYDNEY, Sept 17 (Reuters) - The International Monetary Fund (IMF) said on Thursday that Australia's central bank may need to raise interest rates further, with ​inflation expected to remain elevated this year ‌before gradually cooling into the central ...

'Stand ready' for more interest rate rises, IMF says

Australia's economy was in a strong position before poor productivity and war in the Middle East helped push inflation into the red zone, the IMF says.

RBA more likely to raise rates as US Federal Reserve lifts to 4pc

Markets are pricing in a nearly 90 per cent chance of Australia's reserve bank lifting interest rates in September following the US Federal Reserve's decision to hike rates.

IMF Urges RBA to Stay Hawkish, Warns of Inflation Upside Risks

Markets prepare for a world where the RBA lifts rates three more times

Traders and strategists say there is an increasing probability that the central bank will go harder than expected, adding to concerns about a recession.

IMF Urges Labor to Cut Spending Amidst Market Jitters

The International Monetary Fund (IMF) has urged both federal and state governments in Australia to curtail spending, aiming to rein in inflation and address the mounting interest costs associated with the nation’s $1.6 trillion public debt. This call for fiscal discipline arrives as global markets react to remarks from US Federal Reserve Chairman Kevin Warsh, whose five words reportedly sparked a sell-off in stocks and bonds. Investors sold off …