QIC sees risk of further RBA rate hikes beyond November as inflation persists
Bitget2026/10/30 04:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- QIC’s October 30, 2026 analysis warns Australian interest rates may rise beyond November, increasing recession risks as growth remains below trend.
- September headline inflation reached 4.3%; underlying inflation stood at 3.6%, with little prospect of easing for at least six months.
- Brent crude exceeded US$110 a barrel, sustaining inflation pressures through imports and domestic supply chains.
- Consumer spending remains resilient, while data center investment adds to demand pressures despite earlier rate increases.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QIC Ltd. published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
How will US stocks move after the midterm elections? Wolfe warns of a "wall of worry" about AI, while Morgan Stanley says the correction is nearing its end.
The "wall of worry" surrounding AI stands in the way, with Nvidia’s earnings report and oil prices becoming key variables.
智通财经•2026/11/03 00:11

Yen loses ground to the Dollar despite US-Iran deal hopes
FXStreet•2026/11/02 23:36

GPRO rose 10.5% in 1 hour
Odaily星球日报•2026/11/02 23:27

Crypto prices
MoreBitcoin
BTC
$76,988.81
-1.32%
Ethereum
ETH
$2,255.87
-0.66%
Tether USDt
USDT
$0.9985
-0.03%
BNB
BNB
$699.99
-1.38%
XRP
XRP
$1.25
+0.59%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$92.33
-1.94%
TRON
TRX
$0.3196
+2.24%
Hyperliquid
HYPE
$84.57
-3.69%
Zcash
ZEC
$1,154.67
-6.23%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now