Australia's treasurer Jim Chalmers said the Reserve Bank of Australia's latest rate increase was entirely driven by the Middle East conflict. The RBA had hiked as expected and flagged higher inflationary pressure; Chalmers added market participants are currently pricing multiple additional rate hikes for major developed economies.

2026-09-29

Australia's treasurer Jim Chalmers said the Reserve Bank of Australia's latest rate increase was entirely driven by the Middle East conflict. The RBA had hiked as expected and flagged higher inflationary pressure; Chalmers added market participants are currently pricing multiple additional rate hikes for major developed economies.