Reserve Bank of Australia Deputy Gov Hauser:

  • Inflation is too high
  • Monetary policy needs to bring inflation down, needs to reduce demand in economy
  • Not seeing recession, just slowdown
  • Worried about inflation, upside risks to inflation
  • If inflation doesnt come down, will have to raise rates again

This article was written by Eamonn Sheridan at investinglive.com.

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