Reserve Bank of Australia official warns interest rates may have to rise to combat inflation

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Reserve Bank of Australia official warns interest rates may have to rise to combat inflation

⚡ Markets: Hawkish commentary from the RBA increases the probability of a near-term rate hike, which is bullish for the Australian Dollar (AUD) and bearish for Australian equities (ASX 200) and rate-sensitive sectors like real estate.AUDUSDASX 200

The Reserve Bank of Australia's Deputy Governor, Sarah Hunter, stated that tackling inflation is the top priority and that the central bank may have to raise interest rates further. The comments represent a hawkish shift, signaling that the RBA is prepared to tighten monetary policy if price pressures do not abate.

West MSM 1Financial press 1Google West 1Primary source 12 countries

4 sources across the spectrum

Financial pressBloomberg — RBA’s Hunter Says Inflation Top Priority, May Have to Raise Rate

West MSMABC News AU — 'People are furious': RBA deputy governor says more needs to be done on inflation

Google WestGoogle News (Australia) — ‘May have to raise’: RBA’s bluntest warning yet an interest rate hike may be coming

Primary sourceReserve Bank of Australia — Fireside Chat at the AFR Property Summit | Speeches

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