The Reserve Bank of Australia’s Deputy Governor Andrew Hauser reaffirmed that inflation remains too high, pledging further policy action as the RBA recently raised rates and revised inflation forecasts upward, prompting a stronger Australian dollar.
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RBA Deputy Governor Warns Inflation Remains Too High—Pledges Further Action
The Reserve Bank of Australia’s Deputy Governor Andrew Hauser reaffirmed that inflation remains too high, pledging further policy action as the RBA recently raised rates and revised inflation forecasts upward, prompting a stronger Australian dollar.