New governor Michele Bullock along with the board experienced these days sent recurring signals they ended up poised to resume fee rises if inflation didn’t sluggish as expected. The RBA remains able to hoist interest fees once again if required, she explained in an accompanying assertion.

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“Now, the main driver of inflation in the most recent info was petrol, but you'll find other inflationary pressures inside our economic system together with the Reserve Bank is responding to that.”

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