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RBA Saw Lingering Upside Inflation Risks After September Rate Hike
Original: Australia central bank saw upside risks to inflation lingering after Sept rate hike
Minutes or records from the Reserve Bank of Australia's September meeting show policymakers believed upside risks to inflation would persist even after delivering another interest rate increase. The central bank judged that price pressures had not been fully contained, reinforcing expectations of a hawkish stance. Markets and economists are weighing the comments for clues on whether further hikes will be needed to bring inflation back to target.
Why now: Traders and economists are parsing the central bank's assessment for signals about the future path of Australian interest rates.
Reserve Bank of AustraliaAustralia
Evidence
- Australia central bank saw upside risks to inflation lingering after Sept rate hike · marketscreener.com
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