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TODAY'S MARKET INTELLIGENCE

RBA Deputy Governor Warns: Oil Price Surge Worsens Inflation Outlook, November Rate Hike Uncertainty Grows

Published: 2026-10-21 15:06:00Category: financeHeat: 72

English summary

RBA Deputy Governor Andrew Hauser stated that despite effective tightening, Brent crude surpassing $110 has substantively worsened the inflation outlook. Market pricing for a November rate hike rose to 50%, with Goldman Sachs suggesting further hikes are likely unless CPI data unexpectedly falls.

The English text is machine translated and may require verification against the Chinese version.

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