Carrington Clarke

And that's not what they're intending either.

So there has been nothing to suggest that they are going to go against consensus in saying that it was literally one vote last time, right?

It was only one swing vote that determined

that rates were hiked at the last meeting as opposed to kept on hold.

And so it is possible that that one person, we don't know who that person is, may have changed their mind and wants now there to be a little bit more data to see how the rate rises we've already seen are actually flowing through the economy.

On the other hand, the argument would be we can't wait because this is such a dangerously high moment for inflation and that they want to continue to put downward pressure on it.

so that it doesn't get out of control.

But it'll be a fascinating meeting and obviously a lot riding on it for individuals, but also for the state of the economy.

That is it for today's episode of ABC Business Daily.

We will be back with another episode tomorrow where it will come out just after the interest rate decision.

Remember, you can also find our latest episode of Fuelcast in the feed right before this one.

Make sure you're following us on ABC Listen or wherever you get your podcasts.

And if you'd like to send in a question, you can email abcbusinessdaily at abc.net.au.

Catch you next time, Steph.

An Australian supermarket giant has warned its profit is going to be hurt by surging inflation, sending its share price tumbling.

And while Woolworths might be promising to lock in the price for 300 items, there's growing warnings at the rate at which other costs are going to grow, including for plastics.

Are the worst fears about this energy crisis starting to play out?

Welcome to ABC Business Daily.

I'm Carrington Clarke.

Amelia, thank you so much for joining us.