Stephen Miller from GSFM says that there is a heightened likelihood of the Reserve Bank of Australia opting to increase interest rates. Stephen’s sentiment is based on his observation of the probable inflation outcome. He sees a more than likely situation where the unemployment figures are within the range of 20 to 25 at a percentage of 4 to 4.1, thus prompting a rate hike. However, he maintains that if the figures differ notably from the consensus, it might slow down the prospects of rate increment.

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