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26 August 2026

'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

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Source reporting: abc.net.au

'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

Inflation is continuing to cool with the annual headline rate rising to 3. 5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.

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