Could stubborn inflation prompt three rate rises by the end of 2026? | ABC NEWS
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Economists are forecasting the Reserve Bank to hike interest rates twice before the end of 2026, as high inflation persists in Australia. Rising oil prices caused by Middle East tensions are fuelling costs in other areas of the economy. The University of Canberra’s John Hawkins says inflation will likely remain high even if Middle East conflicts de-escalate. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-17/asx-markets-business-live-news-september-19-2026/107162296 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewschannel
Tags: Australia, abc, abc news, news, RBA, Interest rates, Reserve Bank of Australia, australian conomy, Jim Chalmers, Michelle Bullock, Australian government, Anthony Albanese, mortgages, homeowners, home loans, mortgage holders, home borrowers, bank loans, CBA, Commonwealth Bank
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