RBA rate hike expectations ease after March CPI data

11 articles · Updated · ABC News · Apr 29

Australia's March CPI showed headline inflation at 4.6%, with the trimmed mean steady at 3.3%, prompting markets to lower the probability of a rate hike from 86% to 75%.
Underlying inflation remains above the RBA's 2-3% target, but domestic price pressures are easing, and consumer confidence has slumped to a four-decade low.
The RBA board remains divided on timing, with some members favoring a pause to assess the impact of recent hikes and upcoming fiscal policy, amid ongoing global energy shocks.

Can Australia's central bank truly control inflation driven by a global oil shock?

With stagflation looming, will the RBA sacrifice economic growth to defend its inflation target?

Beyond interest rates, what is the plan to fix Australia's vulnerability to global energy crises?

Is the RBA using an outdated playbook to fight a new kind of inflation war?

Are households being pushed toward recession to solve a problem they didn't create?