Minutes of the meeting of the Reserve Bank of Australia's committee will highlight efforts to combat inflation

It is expected by the public that the minutes of the recent policy meeting to be released by the Reserve Bank of Australia on Tuesday will reinforce an expectation that policymakers are aware that at least one more rate hike is needed to curb inflation. Since the rate hike, the comments of key officials have highlighted that inflation is too high and that this situation will continue for some time in the current policy environment. The key issue is not so much the level of inflation as its trajectory. The goal of the Reserve Bank of Australia is for the annual inflation rate to reach 2.5%, a target that has been consistently missed. Any comments regarding excessive public sector demand will make headline news.