Why the RBA Could Hike Again in November
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Australia’s inflation fight just got harder. The Reserve Bank has lifted interest rates for the fourth time this year as surging energy prices ripple through the economy — and another hike could be just weeks away.
Bloomberg economist James McIntyre joins host Chris Bourke to explain why the RBA is so worried about businesses passing higher costs on to consumers, what that means for jobs and household budgets, and when Australians might finally see some relief from high interest rates.
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