RBA Deputy Governor Says Inflation Outlook Has Worsened
Deputy Governor Andre… said tighter policy was slowing the economy but left him unsure whether rates would need to rise further.
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11:06:07 PM UTC
SquawkNews
By James GlynnSYDNEY--Australia's inflation outlook is "materially worse" and coming third quarter inflation data are likely to confirm that view, Andrew Hauser, deputy governor of the Reserve Bank of Australia said Wednesday.The comments come ahead of a policy meeting at the RBA in early November…
A top Australian central banker on Wednesday said tighter monetary policy was working to slow the economy but the inflation outlook had still worsened, leaving him unsure whether interest rates would need to rise further.Speaking at a Citi conference, Reserve Bank of Australia Deputy Governor Andre…