Investors brace for higher rates as inflation nears three-decade high - The Australian Financial Review

Economists expect consumer prices to have risen 6.3 per cent in the June quarter, a level not seen since December 1990.

A 50 basis point increase in August would mark the third such jump in the Australian cash rate in as many months and would raise the cash rate to 1.85 per cent. Three months ago, the rate was at its … [+3600 chars]

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