Coca-Cola hikes full-year forecast. CEO tells CNBC the World Cup boosted its brands
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Summary
Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.
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RBA Gov Bullock still leaning a bit hawkish:
— Shane Oliver (@ShaneOliverAMP) July 28, 2026
Demand has eased and underlying inflation risen broadly as expected
Some further easing in labour meter will likely be required
Outlook is more complicated with there are multiple shocks
Still talking of raising rates further if needed pic.twitter.com/fsXEaNFBhw