RBA Bullock: Inflation Psychology Critical For Inflation Outlook,...

--Inflation too high and increasingly broadly based
--Downside risks in China a significant concern
--Substantial uncertainty how high inflation, cost of living impact price, wage expectations
--How inflation psychology plays...

RBA: Persistent High Inflation Could Lead To Shift In Wage, Price...

--Inflation is currently too high
--Global financial conditions have already tightened noticeably
--Inflation composition expected to shift, with higher inflation in more persistent and non-discretionary
--Liaison indicates hi...

RBA Lowe Warns Of Risk Of Getting “Knocked Off” Narrow Path To Ac...

--Travelling Along Narrow Path But Could Be Knocked Off, Not Least Becoz Of Global Developments
--Possible To Say Almost All Australians Who Want A Job Can Find One
--Discussed Consequences Of Not Raising Rates And Allowing High Infl...

RBA Kent: AUD TWI Decline To Add Only 0.2% To CPI Level Over Few...

--Models suggest AUD TWI depreciation will add only 0.2% to CPI level over few years
--Kent reminds TWI has greater bearing on imported inflation than bilateral trade
--Rise in US interest rates not likely to have significant effect...

RBA: 25bps Hike Argument Rested On Growth Risks, Potential For In...

--Arguments for 25bps and 50bps hike were finely balanced
--Reason for 25bps rested on growth risks and potential for inflation to “subside quickly”
--Argument for 50bps stemmed from inflation environment and risks to inf...

RBA Bullock: Sharp Deterioration In Global Econ Environment One R...

By Sophia Rodrigues

(Sydney, October 18, 2022)—A sharp deterioration in international economic environment was one of the reasons the Reserve Bank of Australia decided a smaller cash rate increase of 25 basis was warranted in Octob...