RBA’s Hauser: When inflation stops being high and sticky the Bank will act
Source Fxstreet
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser is speaking at the Walkley Foundation, in Sydney.
Key quotes
When inflation stops being high and sticky the Bank will act.
US inflation nearing target, Australia's lagging.
Expect core will hit target, but inflation is persistent.
Lowering inflation is a significant task and we are not completed yet.
Bank must remain strong in fight against inflation.
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