RBA’s Hauser: “Have We Done Enough or Is More Needed?” as Inflation Remains the One Big Problem - ActionForex

Inflation is too high and rates may need to rise, warns RBA’s Hauser

In a rare TV interview, Reserve Bank deputy governor Andrew Hauser says the economy is running stronger than expected, forcing the RBA to weigh raising rates.

RBA’s Hauser: “Have We Done Enough or Is More Needed?” as Inflation Remains the One Big Problem - ActionForex

RBA Deputy Governor Andrew Hauser kept the door firmly open to further tightening on Tuesday, describing inflation as the economy’s “one big problem” and saying Australians were understandably “furious about inflation.” In an interview with ABC’s 7.30, Hauser said the Bank’s responsibility was straightforward: “What [people] want us to do is our job and bring […]