EconomyRBA’s three rate rises have failed to tame inflation as fresh pressures mount
The Reserve Bank of Australia had hoped three interest rate rises this year would return inflation to its 2.5% target, but the collapse of the US-Iran ceasefire, higher oil prices and a surge in data-centre investment have made that harder. Deputy governor Andrew Hauser says inflation remains too high and the board is weighing whether more action is needed.
TThe Guardian★★★☆☆2026-09-09 15:00Original
RBA’s three rate rises have failed to tame inflation as fresh pressures mount
Economy