Odds of fifth interest rate hike this year shorten as RBA deputy warns inflation outlook ‘worsening’
Andrew Hauser says central bank faces ‘hard choices’ as it looks to balance risks of entrenched inflation with desire to protect labour market
-
Get our breaking news email, free app or daily news podcast
The chance of a fifth interest rate hike on Melbourne Cup day has jumped after Andrew Hauser, the Reserve Bank’s deputy governor, warned of “hard choices” amid a “materially worse” inflation outlook.
Hauser, speaking at an investment bank conference in Sydney on Wednesday morning, said the RBA monetary policy board members were juggling a slowing economy with fears that Australians were starting to lose faith in the central bank’s ability to bring inflation back to the 2.5% target.
Share this article
←
Previous Article
AFP charging almost one person a week for targeting politicians, says commissioner – video
Next Article
Helen Haines live updates: police charge accused Brendan Nugent with additional offences; lawyer says he has rare neurological condition
→
Local News View All →
‘Almost looks fake’: two Sydney beaches closed after whale carcass washes up
October 22, 2026
Sam Wood makes bid for bail over domestic violence charges to supreme court
October 22, 2026
I spent a week watching Helen Haines in action in Canberra. It was the most inspiring week of my life | Tim Berenyi
October 21, 2026
