CANBERRA, ACT, Sept. 29 -- The Treasurer of Australia issued the following transcript:
Melissa Clarke:
The Reserve Bank is meeting today for the sixth time this year and financial markets and economists think it is almost certain it will raise interest rates for the fourth time. A quarter‑percentage‑point hike would take the official cash rate to 4.6percent, the highest level in 15years. Jim Chalmers is the federal Treasurer and joins the program now. Welcome to Radio National Breakfast.
Jim Chalmers:
Thanks for having me on, Mel.
Clarke:
Now, the Reserve Bank is expected to raise rates today. I know you don't want to pre-empt that outcome. Markets are though almost universally expecting it. Is inflation out of control?
C...