EconomyRBA deputy warns inflation outlook is worsening, reviving talk of a fifth rate hike

Reserve Bank of Australia deputy governor Andrew Hauser said the inflation outlook was materially worse than the bank expected two months ago, leaving policymakers to weigh fighting entrenched inflation against protecting the labour market. Markets had priced in nearly a one-in-three chance of a hike to 4.85%; his remarks could shorten those odds.

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TThe Guardian★★★☆☆2026-10-20 23:19Original