RBA Hauser: If Unemployment Rises Faster, Inflation Return to Midpoint Much Sooner

• Published on
• 12 Aug 2024 , 01:05 PM

--Higher Unemployment Vs Forecast More Than Offset Inflation Persistence
--If unemployment rate rises faster, inflation will be back to midpoint target more rapidly
--Key question in run-up to Aug decision: why CPI so unexpectedly pe...