RBA’s Hunter on Alert for Stronger-Than-Expected Core Inflation

RBA’s Hunter on Alert for Stronger-Than-Expected Core Inflation

Australia’s underlying inflation in the three months through September is likely to be stronger than the Reserve Bank had anticipated, Assistant Governor Sarah Hunter said, suggesting the labor market and broader economic conditions remain tight.

RBA chief economist's inflation warning dims rate cut expectations — as it happened

The Reserve Bank's Sarah Hunter says underlying inflation was likely stronger than the RBA had anticipated last quarter, striking another blow to expectations of further interest rate cuts. The ASX has closed up 1 per cent.