The Reserve Bank of Australia (RBA) governor Michele Bullock warned that inflation risks are increasing due to rising oil prices, the Middle East conflict, and a global AI investment boom. These factors are pushing up costs and could embed inflation more deeply in the economy, despite the RBA already raising interest rates to 4.35%. The central bank is assessing if current monetary tightening is enough or if further rate hikes are needed, with markets pricing in a likely increase at the upcoming September meeting. Higher rates are expected to slow growth and reduce inflation, which the RBA does not expect to return to target until late 2027.
The Reserve Bank of Australia inflation risks are rising due to oil and AI pressures. For readers following US stocks, here is Pluang's market snapshot as of Sep 18, 2026 08:21 WIB: 102 of 150 stocks rose and 47 fell. Notable movers include FUBO at USD 10.00 with a 1-day change of -5.66%, HPQ at USD 34.53 up 5.60%, and MU at USD 976.67 up 5.41%.
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