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Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

The Guardian World News July 24, 2026 · 3:00 pm Read Original

Pessimistic -24.0

−100 Bearish 0 +100 Bullish

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrelGet our breaking news email, free app or daily news podcastAustralian households face the prospect of a Reserve Bank interest rate hike and petrol prices above $2 a litre over the coming weeks, economists warn, as the escalating Middle East crisis pushes global crude back above $US100 a barrel.Financial markets now see an even chance the RBA board will deliver a fourth cash rate increase at the next meeting on 11 August. Continue reading...

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Source The Guardian World News

Published Jul 24, 2026 · 3:00 pm

Article ID jd1f57z

Original URL Open source

Pessimistic -24.0

−100Neutral+100

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