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‘Line ball’: Inflation figures could usher in another rate rise

If the market’s expectations for inflation are right, it’ll be a close call for the central bank’s next rate decision.

Reserve Bank governor Michele Bullock will speak amid fresh US-Iran tensions. AAP Image/Dean Lewins.

Economists will get a clearer picture over the next few days about the path ahead for interest rates.

Here’s what you need to know about the key economic data releases this week.

RBA governor speech

The event: Speech by Reserve Bank governor Michele Bullock at the Anika Foundation Fundraising Lunch, Sydney

When: Tuesday 28 July 2026

What to expect: This is an annual event for RBA governors, but this year’s comes at a particularly salient point with renewed tensions in the Middle East and ahead of a fresh inflation print.