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‘Another one coming’: RBA expected to hike rates further to control inflation

visibility comment0 event February 4, 2026 timer 22:53

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EY Oceania Chief Economist Cherelle Murphy says the RBA is facing “quite a bit of pressure” to get inflation down.

Ms Murphy told Sky News Australia that the RBA’s forecast has two rate hikes already “considered”.

“So, I think yeah, we’ve got at least another one coming.”

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