Incoming Strong Signal Of A Melbourne Cup Rate Hike!

While markets were cooling on the prospects of another RBA rate hike on Melbourne Cup day, thanks to a slightly stronger than expected rise in unemployment, today there was a hawkish outing from deputy RBA Gov Andrew Hauser, which has put it firmly back on the table again, ahead of a flurry of RBA speak before their next meeting in November. 0:00 RBA rate hike signals0:44 Deteriorating inflation2:31 Policy challenges4:20 Economic household impact5:26 Wages and RBA internal costs7:24 RBA financial loss8:20 Communication and data10:08 Market outlook and risks Speaking at Citi’s Australia & New Zealand Investment Conference, in Sydney today the […]