Nine.com.au·3 min read·medium

Don’t rule out another interest rate rise next month, top economist warns

E
Emily McPherson
Don’t rule out another interest rate rise next month, top economist warns
AI Summary

Despite lower-than-expected inflation data, economists warn that the Reserve Bank of Australia may still raise interest rates in August. Persistent inflationary pressures remain above the central bank's target range, keeping the possibility of a rate hike on the table.

shares Share article Australia’s falling headline inflation data may have been enough for many economists to backtrack on predictions of an interest rate rise next month, but one expert has warned it’s far from a done deal.

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