Stevens dismisses concerns over Australia’s higher inflation target

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Glenn Stevens, governor of the Reserve Bank of Australia (RBA), today faced questions from a parliamentary committee on whether the central bank's inflation target should be as high as it currently stands.

Stevens was questioned alongside deputy governor Philip Lowe and assistant governor Christopher Kent, in their latest appearance before the House of Representatives Standing Committee on Economics.

The chair of the committee, Kelly O'Dwyer, challenged Stevens over whether the current level of

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