Economic Buzz: Australia inflation expectations hold at 4.9% as rate-hike bets rise

Australia?s consumer inflation expectations held at 4.9% in September, while trimmed mean CPI remained elevated at 3.6% year-on-year in July, above the RBA?s 2?3% target range. Hawkish comments from RBA officials have strengthened expectations of further tightening, with all four major banks forecasting another rate hike before year-end.

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