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Reserve Bank of Australia Determined to ‘Return Inflation to Target’

Most households and businesses are ’managing to adjust' to inflation and interest rates, the RBA believes.
Reserve Bank of Australia Determined to ‘Return Inflation to Target’
Pedestrians walk past the Reserve Bank of Australia (RBA) head office in Sydney, Australia, on Nov. 1, 2022. AAP Image/Bianca De Marchi
Monica O’Shea
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The Reserve Bank of Australia (RBA) is leaving the door open for more interest rate hikes if inflation continues to be a problem.

Minutes of the October meeting, released today, reveal that RBA members believe some further tightening of policy may be required in the future.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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