🌐 theguardian.com
The Hormuz hike: why the RBA is predicted to deliver a third straight interest rate rise this week
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation
↗ https://www.theguardian.com/australia-news/2026/may/04/rba-interest-rates-cash-rate-hike-predicted-reserve-bank-australia-inflation