{"id":919253,"date":"2026-10-07T09:48:10","date_gmt":"2026-10-07T09:48:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/919253\/"},"modified":"2026-10-07T09:48:10","modified_gmt":"2026-10-07T09:48:10","slug":"ian-harper-on-reserve-bank-of-australias-interest-rates-warns-of-a-fifth-rise-this-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/919253\/","title":{"rendered":"Ian Harper on Reserve Bank of Australia\u2019s interest rates, warns of a fifth rise this year"},"content":{"rendered":"<p>Former Reserve Bank of Australia board member Ian Harper acknowledged the RBA was caught off-guard by the resurgence in inflation last year because it assumed the Australian economy could sustain more demand without generating price pressures.<\/p>\n<p>Harper also said the central bank could <a href=\"https:\/\/www.afr.com\/markets\/debt-markets\/rba-rate-relief-more-than-a-year-away-leaving-family-budgets-squeezed-20261004-p611s4\" rel=\"nofollow noopener\" target=\"_blank\">raise interest rates again<\/a> before the end of the year and was starting to give more weight to short-term inflation expectations in its cash rate decisions; a shift from its traditional approach.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Former Reserve Bank of Australia board member Ian Harper acknowledged the RBA was caught off-guard by the resurgence&hellip;\n","protected":false},"author":2,"featured_media":919254,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-919253","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/919253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=919253"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/919253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/919254"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=919253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=919253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=919253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}