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RBA’s Hauser warns of rate hike if inflation risks crystallize

Summary by WTVB
SYDNEY, Aug 19 (Reuters) - Australia's central bank will have to ​raise interest ‌rates again if upside risks to inflation crystallize, a top official ‌said ​on Wednesday, ⁠adding that inflation ⁠in Australia is still too high. Speaking at an event in ...

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Australia's wage growth remained strong, indicating persistent price pressures in the economy at a time when the Reserve Bank of Australia is warning that it is willing to tighten further to curb inflation, Bloomberg News reports.

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WTVB broke the news on Tuesday, August 18, 2026.
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