Australia’s central bank will need to raise interest rates again if upside risks to inflation are realized and consumer prices fail to come back down, Deputy Governor Andrew Hauser said. He warned that the Reserve Bank of Australia (RBA) will not hesitate to tighten policy if inflation expectations shift upward. The deputy governor noted that while the current stance is adequate for now, the RBA will adjust rates to keep inflation near its 2% target.ляя

Hauser highlighted acet that supply‑side disruptions could keep prices above the desired level, meaning the bank must act swiftly. He stressed that the RBA’s tools remain flexible and the policy rate can be increased if data indicate sustained price pressures. The central bank’s forward guidance remains vigilant, with the possibility of further hikes if inflation risks materialize.

The Deputy Governor added that the RBA will continue to monitor economic activity, wage growth and commodity price movements closely. Should inflationary pressures persist, the RBA’s monetary policy framework is designed to respond promptly, ensuring the economy stays on track for sustained growth and price stability. The bank’s communication has emphasized that any tightening will be measured and data‑driven, maintaining confidence in the policy process.

Overall, Hauser’s remarks underscore that the RBA’s commitment to inflation control may require additional rate increases if conditions warrant.