Odds of fifth interest rate hike this year likely to shorten as RBA deputy warns inflation outlook ‘worsening’
Andrew Hauser says the central bank faces ‘hard choices’ as it looks to balance the risks of entrenched inflation with the desire to protect the labour marketAndrew Hauser, the Reserve Bank’s deputy governor, has reignited talk of a fifth interest rate hike on Melbourne Cup day, warning of “hard choices” ahead in response to an inflation outlook that “looks materially worse” than the central bank…
Andrew Hauser says the central bank faces ‘hard choices’ as it looks to balance the risks of entrenched inflation with the desire to protect the labour marketAndrew Hauser, the Reserve Bank’s deputy governor, has reignited talk of a fifth interest rate hike on Melbourne Cup day, warning of “hard choices” ahead in response to an inflation outlook that “looks materially worse” than the central bank…
Source: The Guardian World — Original report ↗
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