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Inflation is ‘too high’, but RBA says Australia is not heading for recession – video

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 28/10/2026, 05:50:25 UTC.

Briefings

The Reserve Bank of Australia (RBA) warned inflation remains 'too high' at 4.3%, prompting a potential fifth interest rate hike. Treasurer Jim Chalmers noted the high rate makes it harder for families, while RBA deputy governor Andrew Hauser echoed this sentiment. RBA chief economist Sarah Hunter cautioned that current indicators do not suggest a recession, though fears persist. This finding comes from a video report published on 2026-10-28.

Key points

• Inflation accelerated to 4.3%, leading to expectations of another interest rate rise next week.
• RBA deputy governor Andrew Hauser described inflation as 'too high' and warned of a 'central banker's nightmare'.

Context

The Reserve Bank of Australia (RBA) issued a video report on 2026-10-28 warning inflation remains 'too high' at 4.3%. This finding comes from a video report published on 2026-10-28. The RBA is the central bank of Australia, and its decisions affect the Australian economy and families.

Limitations

Evidence is limited to a single video report from 2026-10-28. No additional data, interviews, or economic models are provided. Uncertainty exists regarding whether the 4.3% rate will trigger a recession or if other indicators will change.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 28/10/2026, 06:09:23 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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