AustraliaRBA Deputy Governor Hauser on inflation and board operations
Reserve Bank of Australia Deputy Governor Hauser discusses inflation being too high and defends the RBA board's diverse and lively debates.
Background
Australia is currently experiencing high inflation, impacting the cost of living for many citizens. The Reserve Bank of Australia (RBA) is the central bank responsible for monetary policy, including managing inflation through interest rates. Its decisions and operations are under public scrutiny amidst these economic challenges.
Quorum · collective opinions
RBA Deputy Governor Hauser on inflation and board operations
First report 7h agoLast update 3h agoAcknowledges that inflation is too high according to various measures, as stated by RBA Deputy Governor Hauser.
Notes that consumption growth has held up better than initially expected, according to RBA's Hauser.
Defends the RBA board's functioning, stating that the picture of members being cornered is not recognized and that debates are lively.
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