Another Crunch Incoming As More Rate Rises Are On The Cards…

We had fresh inflation warning from both Reserve Bank of Australia assistant governor Sarah Hunter and RBA deputy governor Andrew Hauser in the past couple of days, ahead of the Monetary Policy Meeting at the end of the month. And frankly it sent signals to the markets that they are likely to raise in interest rates again, at this meeting or the next, or both. “Inflation is too high, and that’s why we raised interest rates three times at the beginning of this year. And the question now, frankly, for us, is have we done enough or is more needed,” Hauser […]