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RBA flags worse inflation outlook, November rate hike uncertain

Original: Australian central banker says inflation outlook worse, unsure about November rate hike

A senior Reserve Bank of Australia official has warned that the country's inflation outlook has deteriorated, while declining to signal whether the board will raise interest rates at its November meeting. The comments suggest policymakers remain split on the need for further tightening, keeping markets and borrowers guessing on the path of Australian monetary policy.

Why now: Markets and households are closely watching for signals on whether Australian interest rates will rise again in November

Reserve Bank of AustraliaAustralia

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