Politics with Michelle Grattan: Middle East war set to push inflation higher than forecast, warns RBA deputy governor
The Reserve Bank s Deputy Governor Andrew Hauser says inflation in Australia looks likely to be higher than projected before the war in the Middle East broke out. The Reserve Bank s board will meet to discuss interest rates next week. Reserve Bank Governor Michele Bullock has flagged the meeting will be “live” – meaning there could be a change in interest rates announced on Tuesday. Global oil prices have seen a dramatic spike then fall this week, creating major uncertainty for the
The Reserve Bank s Deputy Governor Andrew Hauser says inflation in Australia looks likely to be higher than projected before the war in the Middle East broke out. The Reserve Bank s board will meet to discuss interest rates next week. Reserve Bank Governor Michele Bullock has flagged the meeting will be “live” – meaning there could be a change in interest rates announced on Tuesday. Global oil prices have seen a dramatic spike then fall this week, creating major uncertainty for the
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