PREVIEW: RBA Set To Hike Again As Inflation Risks Build - LS

With upside risks to inflation increasingly materialising, Australian central bankers are expected to step up the pace of tightening and raise rates again on Tuesday. In what would be the fourth increase this year, the Reserve Bank of Australia s Monetary Policy Board is widely expected to vote unanimously for a 25 basis point hike in the cash rate to 4.60%. The decision itself appears largely priced in, leaving the accompanying guidance and Governor Michele Bullock s press conference as the focus for investors. Recent comments from the RBA chief have already helped shape expectations for both this meeting and the policy outlook beyond September. READ MORE