Reserve Bank Hints at Another Rate Rise

Australia central bank saw upside risks to inflation lingering after September rate hike

Markets see a 30% chance that the RBA could raise rates to 4.85% at its next meeting on Nov 3 and 4 Read more at The Business Times.

Weaker growth must be accepted to defeat inflation: RBA

The latest Reserve Bank of Australia board minutes also noted that further price increases – and corresponding rate rises – could be on the horizon.

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 switches to 'decidedly hawkish' tone

The Reserve Bank of Australia (RBA) switched to a "decisively hawkish" tone in the September Minutes, with a focus on the upside risks to inflation.

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