'Hawkish' RBA minutes reveal rate rise still an option

Several RBA board members eye another rate rise

Minutes from the central bank’s August meeting showed some policy setters think inflation could rise further, triggering another tightening.

Australian Dollar rises after RBA hawkish minutes, inflation data eyed

The Aussie Dollar advanced on Tuesday, gaining over 0.20% as the Greenback edged lower, amid minutes from the Reserve Bank of Australia (RBA)’s last meeting suggesting the board was close to raising rates. At the time of writing, the AUD/USD trades at 0.7163, after bouncing off daily lows of 0.7137. AUD/USD gains as RBA minutes lift hike bets before CPI, PCE On Tuesday, US economic data was mixed, with Consumer Confidence, as reported by the Con…

'Hawkish' RBA minutes reveal rate rise still an option

An extended conflict in the Middle East, a larger-than-anticipated AI boom and ongoing low productivity growth could force the Reserve Bank to lift rates again.