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Why the RBA is predicted to deliver a third straight interest rate hike this week

While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation<ul><li><a href="https://www.theguardian.com/australia-news/live/2026/may/01/alice-springs-anthony-a

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The Guardian
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Why the RBA is predicted to deliver a third straight interest rate hike this weekWhile interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation<ul><li><a href="https://www.theguardian.com/australia-news/live/2026/may/01/alice-springs-anthony-a
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