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RBA poised for fifth rate hike amid economic concerns

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The Reserve Bank of Australia is expected to raise interest rates for the fifth time this year, sparking concerns about the potential economic impact on households already struggling with rising costs. Economists warn that another rate hike could further strain consumers, as inflation continues to climb.

Meanwhile, in U.S. politics, Donald Trump remains defiant despite polling data suggesting he may face defeat in the upcoming midterm elections. The political landscape is heating up as Democrats appear poised for victory.

In Europe, cyber-attackers have once again targeted supermarkets, causing widespread disruption by turning off freezers and refrigerators. This latest attack adds to the growing concerns over cybersecurity in critical infrastructure.

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