Bank of England shows why RBA is odd man out

Joye, once again, on the money with an insightful opinion piece. Europe and the UK with more rate hikes, and with inflation predicted not to get within band until 2026, it would be unwise for Lowe and his successor to halt rate rises now. Sure it sucks for a lot of people, but I also don't want to spend $10 for a banana because inflation becomes ingrained in our spending habits.

Interesting enough that ASX future rate tracker is currently at 32% for an increase in rates.