Market talk says RBA inflation fears raise odds of this-month hike
Ivan Colhoun at Marex says inflation risks RBA has flagged are materializing and a further RBA interest-rate increase this month appears likely. He adds the policy board has reduced tolerance for further delay.
The inflation risks that have been worrying the Reserve Bank of Australia are now becoming reality, and a further interest-rate increase this month looks likely, according to Ivan Colhoun, consultant with Marex. He said the RBA policy-setting board appears to have reduced its tolerance for any further delay.