2026-03-12 22:03:50

Markets are now pricing a 61% chance of a hike next week, with a second likely in May- back to 4.35%, the same peak as the last cycle.

NAB’s chief economist has modelled 5% headline inflation for Australia if oil holds at or above $100. The RBA deputy governor acknowledged that scenario is no longer implausible.
Rate hikes slow demand, but they can’t fix a supply shock. Aussie mortgage holders will pay the price for a problem they didn’t create.

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