“RBA Deputy Andrew Hauser Warns Inflation Outlook 'Materially Worse', Fifth Rate Hike Odds ” — what this page in the network covers. Reserve Bank of Australia deputy governor Andrew Hauser has warned that the inflation outlook has deteriorated 'materially' since the central bank's last forecasts, reigniting speculation of a fifth interest rate hike this year. Speaking at an investment banking conference in Sydney, Hauser said the RBA faces 'hard choices' as it balances the risk of entrenched inflation against the desire to protect the labour market. The central bank is concerned that Australians may be losing faith in its ability to return inflation to the 2.5% target.
Hauser's remarks come as the economy slows, complicating the policy path ahead of the Melbourne Cup day board meeting. Markets are now pricing a higher chance of another rate rise, with the deputy governor's comments underscoring the RBA's resolve to anchor inflation expectations even amid signs of economic strain. The full version stays on the original page, which this listing opens directly.