Key Takeaway
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harderFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor five years the Reserve Bank has been trying to wrangle inflation back to its 2. 5% target, and for…
Published September 9, 2026 · Category: News
Overview
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harder
For five years the Reserve Bank has been trying to wrangle inflation back to its 2.5% target, and for years it has essentially failed.
Details
The result is a cost of living crisis that has generated intense community grievance.
Continue reading...
Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way" about?+
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harderFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor five years the Reserve Bank has been trying to wrangle inflation back to its 2.5% target, and for years it has essentially failed.The result is a cost of living crisis that has generated intense community grievance. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.