RBA deputy governor warns Australian inflation is worse than expected as rate hike bets grow

FinanceInternationalXTB.comOct 21, 2026, 3:39 AM40 s readAI summary

Andrew Hauser, deputy governor of the Reserve Bank of Australia, warned that the inflation outlook is considerably worse than forecast and that price pressures could prove more persistent. The concern centers on underlying inflation, which is likely to exceed the RBA's projections in the third quarter, and on the risk of inflation expectations becoming unanchored. The implied probability of a 25 basis point hike to 4.85% on November 3 rose from around 20-22% to nearly 50%.

In 40 seconds

Hauser said underlying inflation (trimmed mean) is likely to exceed the RBA's third-quarter projections.
He warned that some firms are treating 3-3.5% inflation as the new normal, with a risk of expectations becoming unanchored.
The probability of a 25 bp hike to 4.85% on November 3 rose from around 20-22% to nearly 50%.

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

RBA
Australia
inflación
tipos de interés
dólar australiano

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RBA deputy governor warns Australian inflation is worse than expected as rate hike bets grow

In 40 seconds

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Keep reading

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