According to Jin10 on October 25, Reserve Bank of Australia Deputy Governor Sarah Hunter said the central bank's process to fight inflation is "not yet over," signaling a likely rate hike at the November 3 policy meeting. In a Sunday interview, Hunter noted the RBA has implemented four rate hikes this year and stated "unfortunately, no" when asked if the bank had taken sufficient measures to curb inflation. The RBA raised rates to 4.6% in late September, marking a 15-year high. Earlier this week, RBA Deputy Governor Michele Bullock noted that inflation outlook has "materially worsened" compared to the bank's August assessment.

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