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    RBA deputy governor hints at interest rate hike on Melbourne Cup Day | The Business | ABC NEWS

    ABC News (Australia)
    October 21, 2026
    via ABC News (Australia)

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    RBA deputy governor hints at interest rate hike on Melbourne Cup Day | The Business | ABC NEWS

    The RBA deputy governor says there are signs some people do not expect inflation to come back to the RBA's target, which is "central banker's nightmare". Markets are putting the chance of a November rate hike at more than 50 per cent. The RBA's rate-setting board will next meet

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