RBA all-but certain to raise rates as inflation stays high: economist | ABC NEWS
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Despite headline inflation steeply dropping in May, the core inflation number edged higher — still well outside the Reserve Bank's target range. KPMG economist Brendan Rynne says it's all-but certain the Reserve Bank will raise interest rates at least one more time. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-24/australia-cpi-inflation-may-2026-bureau-of-statistics/106835946 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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