Australia central bank official flags potential further rate hikes
Australia’s RBA assistant governor Sarah Hunter said the central bank may need to raise interest rates for a fourth time this year if inflation proves stronger than expected, while the policy board aims to cool demand.
Australia’s central bank may need to raise interest rates for a fourth time this year if inflation proves stronger than expected, a top official said on Tuesday. Speaking at a property conference, Reserve Bank of Australia Assistant Governor Sarah Hunter said the policy board was aiming to cool…