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RBA Hike Odds Jump After Hauser’s Warning , Will Q3 CPI Tip the Balance?

Reported · Written up by our desk · Major Pairs

Australia’s worsening inflation outlook is creating increasingly difficult choices for the RBA. Deputy Governor Andrew Hauser warned that oil prices were approximately one-third higher than assumed in the bank’s August forecasts, while evidence that businesses increasingly regard 3–3.5% inflation as normal has raised concerns about entrenched expectations. Further rate increases could help contain those risks, […] The post RBA Hike Odds Jump After Hauser’s Warning , Will Q3 CPI Tip the Balance? appeared first on ActionForex .

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