Graph 2  Consumer Price Inflation* Year-ended %  %  15  15  10  10  5  5  0  0  -5  1970  1983  1996  2009  -5 2022  *  Excludes interest charges prior to the September quarter of 1998; adjusted for the tax changes of 1999–2000.
Sources: ABS; RBA  The decision to hold rates steady this month does not imply that interest rate increases are over. Indeed, the Board expects that some further tightening of monetary policy may well be needed to return inflation to target within a reasonable timeframe.