Updated Aug 25, 2026 – 3.47pm, first published at 3.23pmSeveral members of the Reserve Bank of Australia’s monetary policy board think another interest rate rise could be required to tame inflation, according to minutes of the board’s latest meeting, which highlighted the potential for further unexpected price rises.“Several members judged that it was quite possible that the upside risks to the inflation forecast would crystallise, requiring some further tightening,” read the minutes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles