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2026-07-13 09:43:18
[Judo Bank: RBA Remains Uneasy About Inflation, Retains Possibility of Rate Hike] (1) Judo Bank economic advisor Warren Hogan said the Reserve Bank of Australia (RBA) remains uneasy about the inflation outlook and will retain the possibility of further rate hikes. (2) Hogan pointed out that despite the escalation of the Iranian conflict, Brent crude oil prices have only risen slightly to US$77 per barrel, reflecting market expectations that the supply shock will be contained rather than a sustained shock. (3) However, he added that the RBA wants to be more confident that the fuel shock will not have a more lasting impact, and that level of confidence has not yet been reached.
