RBA Watches Inflation Amid Spending Resilience | Canberra News

Inflation’s drop this week may be short-lived as fuel costs push prices up, keeping the RBA on edge—especially with global oil shocks and resilient household spending. Despite a slight easing in annual rates, underlying inflation stubbornly resists cooling, hinting at another possible rate hike in November. The RBA’s latest meeting minutes and Thursday’s spending data will offer deeper clues, while U.S. markets wobble amid bond yield fears and global uncertainty—though Aussie futures show more optimism. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8fe58b941af81495