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

AI Summary

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel Get our breaking news email, free app or daily news podcast Australian 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. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

Key Points

• Original report published by The Guardian Australia.
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• Readers are directed to the publisher for the complete article.

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