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Markets flip the script on rates after hot inflation print
Stronger-than-expected July inflation data has prompted traders to price in a more than 80 per cent chance of a fourth rate increase this year.
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afr.com
Several RBA board members eye another rate rise
Minutes from the central bank’s August meeting showed several policy setters think inflation could rise further, triggering another tightening.
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Inflation lands above forecasts, putting rate increase firmly in play
The Reserve Bank of Australia’s warning that price rises could surprise to the upside was realised in new data released on Wednesday.
