GgoogleAU first seen 9 h ago, last 7 h ago, peak #2

RBA deputy governor Andrew Hauser warns inflation outlook worsening

Original: andrew hauser inflation outlook

Reserve Bank of Australia deputy governor Andrew Hauser has warned that the inflation outlook is 'worsening', prompting markets to shorten the odds of a fifth interest rate hike this year. The comments have sharpened debate over how much further the RBA will need to tighten monetary policy to bring inflation back to target.

Why now: His warning suggests further interest rate rises, directly affecting mortgages and the cost of living in Australia.

Andrew HauserReserve Bank of Australia

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Evidence

• ‘Hard choices’ await RBA as inflation and employment worsen · AFR
• Odds of fifth interest rate hike this year shorten as RBA deputy warns inflation outlook ‘worsening’ · The Guardian

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