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MarketsEconomicsInflation Puts Rate Hike on Table in Australia During ElectionCore CPI seen breaching top of band for first time since 2010RBA’s May meeting comes day before Fed convenes to decide hikeByMichael Heath and Tomoko Sato+FollowApril 25, 2022, 8:49 PM UTCUpdated onApril 25, 2022, 10:51 PM UTCFollow us at Twitter and Facebook for the latest, and sign up to get the Bloomberg Australia newsletter in your inbox.Australia’s core inflation is expected to breach the upper end of the Reserve bank’s 2-3% target for the first time since 2010, intensifying pressure on policy makers to raise interest rates during an election campaign.