RBA’s Hunter indicates more tightening likely
Deputy governor says inflation fight ‘not quite’ over yet following four rate hikes this year
Reserve Bank of Australia deputy governor Sarah Hunter has said that the fight against inflation would need “a bit more time”, while expressing confidence that higher rates would bring prices down.
Hunter told Australia’s 60 Minutes programme that the RBA was focused on making sure that it did not become embedded in people’s price-setting expectations, according to an interview transcript published on October 25. Asked if the RBA had done enough to combat rising prices, the deputy governor said,
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