Reserve Bank of Australia assistant governor Hunter said the bank’s rate-tightening campaign to fight inf “is not over,” signaling a high probability of another hike at the Nov. 3 policy meeting. Hunter noted the board has implemented four hikes this year and, when asked if enough had been done to curb inf, replied “unfortunately, not yet.” Her comments follow deputy governor hauser’s warning earlier this week that the current inf outlook has “deteriorated markedly” since the RBA’s August assess

Reserve Bank of Australia assistant governor Hunter said the bank’s rate-tightening campaign to fight inf “is not over,” signaling a high probability of another hike at the Nov. 3 policy meeting. Hunter noted the board has implemented four hikes this year and, when asked if enough had been done to curb inf, replied “unfortunately, not yet.” Her comments follow deputy governor hauser’s warning earlier this week that the current inf outlook has “deteriorated markedly” since the RBA’s August assessment. The bank lifted the cash rate to 4.6% in late September, a 15-year high, and markets have increased odds of a further Nov. 3 rise.