RBA's Hauser: Inflation outlook worse than forecast, Q3 trimmed mean to run hotter

Reserve Bank of Australia Deputy Governor Hauser said the inflation outlook appears worse than forecast, with Q3 trimmed mean set to run hotter than expected and inflation elevated for an extended period. He said the September labor report was somewhat weaker than expected and capacity constraints are more intense than anticipated, reinforcing the bank's hawkish stance ahead of the 3 November decision.

Detected & updated continuously · Source: Nebula