Market Chatter: RBA Deputy Governor Says Likelihood of Further Rate Cuts 'Very Low', ABC Reports

MT Newswires Live01-08

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that the chances of another cut in the official cash rate are "very low," according to a Thursday report by ABC.

"The governor said ... that the likelihood, at least in the near term, of further rate cuts was probably very low; that's still true, I think, if I'm honest with you," Hauser said in an interview with ABC.

Hauser said that the RBA's priority was ensuring inflation remained on target, between 2% and 3%.

Hauser added that the November inflation data were broadly in line with the RBA's expectations.

The RBA Deputy Governor said that the central bank did not target inflation as it stood currently, but in a year or two years' time by judging the outlook for inflation.

"It's clear if you look at the geopolitical, geo-economic situation, 2026 is going to be as challenging as 2025," Hauser said, commenting on Venezuela's political turmoil.

While Hauser said that the US strikes on Venezuela create "new geopolitical pressures," he added that if Venezuela's oil reserves are mobilized, oil prices may decrease, leading to cheaper petrol for Australians.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03143","symbol_name":"华夏香港银行股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2601353296","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601353296","pubTimestamp":1767855799,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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