Stubborn Australian Inflation Fuels Fourth Rate Hike Fears
Australia’s July inflation data came in hotter than anticipated, intensifying market expectations that the Reserve Bank of Australia will raise interest rates again. Economists warn that persistent price pressures could force policymakers to continue tightening monetary conditions.
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Stubborn Australian Inflation Adds Pressure on RBA - WSJ
Stubborn Australian Inflation Adds Pressure on RBA WSJ
Read full article →Fears grow for fourth rate hike after higher than expected July inflation rate
ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike Fears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected. Consumer prices climbed by 3.5% through the year, down from 3.8% in the previous month, according to the Australian Bureau of Statistics. Continue reading...
By Patrick Commins Economics editor
Read full article →Stubborn Australian Inflation Adds Pressure on RBA - Morningstar
Stubborn Australian Inflation Adds Pressure on RBA Morningstar
Read full article →Nasty shock in new inflation data
Fresh inflation figures have come in higher than economists had expected in a potential blow for borrowers.
Read full article →Australia inflation runs hot in July, adding to rate hike risk
By Reuters
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