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The inflation read that could trigger another rate rise | The Business | ABC News

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The first Tuesday of November is a big day for Melbourne Cup punters, but also for borrowers, as the Reserve Bank considers a thirteenth interest rate rise. A key consideration for the RBA will be the September quarter inflation figures, with governor Michele Bullock warning a high reading could trigger another hike. Jonathan Kearns, formerly of the RBA and currently chief economist at Challenger, says a pick up in oil prices risks increasing inflation expectations and could make inflation persistent.
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