Odds of November rate hike higher after RBA deputy appears at investment event | ABC NEWS

Deputy RBA governor Andrew Hauser has spoken at an investment banking event in Sydney, where he spoke about the outlook for the economy and interest rates. Prior to Hauser speaking, markets were betting on a 30% chance of a rate hike on November 3. After he finished the discussion, it went up to 45%. Hauser says inflation is 'materially above' the RBA's august forecast. Subscribe: Read more here: Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia (Source: ABC News (Australia) | Region: Sydney, Australia)