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RBA's Hunter says rates may need to rise again as inflation risks stay tilted higher
Markets have priced in a 95% chance the RBA board lifts the cash rate to 4.60% at its September 29 meeting, with rates seen peaking at 4.85% by early next year. Hunter's remarks, pointing to upside inflation risks from Middle East driven oil costs and domestic demand running ahead of supply, reinfor
Why it matters
AUD/USD (Australian Dollar / US Dollar) · Why linked: Hawkish RBA commentary signaling potential further rate hikes supports the Aussie. Market context: Expectations of higher Australian rates tend to strengthen AUD against the USD.
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