Inflation forecasts soar ahead of Tuesday's RBA meeting.

War’s inflation impact all but locks in an RBA rate hike

When Australia’s central bank convenes this week for its second interest rate decision of the year, the board will find its current inflation problem further exacerbated by an energy price shockwave.

Inflation forecasts soar ahead of Tuesday's RBA meeting.

Two more interest rate hikes are now almost inevitable amid war in the Middle East and surging fuel prices.

Oil shock takes the RBA deeper into its inflation pickle

In a perfect world, rates should not be raised at a time of energy, military and geopolitical uncertainty. But our macroeconomic policy has been far from perfect.