March 04, 2025 at 11:00PM
Reserve Bank of Australia Deputy Governor Hauser spoke earlier:
RBA’s Hauser says measures of global trade uncertainty are at 50 year highs
More now, these from his concluded Q&A:
Sees productivity as a key factor affecting CPI and the economy.
Will closely watch trade war’s impact on CPI.
If inflation accelerates due to trade war, RBA will take action.
Board members provide deep judgment and knowledge.
Inflation declines, but there are some remaining upside risks.
An inflation increase linked to trade war, RBA prepared to respond.
Inflation slowing, with some risks easing.
Unusual volatility observed in stocks, crypto, futures, and other markets.
Will closely monitor trade war effects on CPI.
Board members contribute significant expertise and experience.
Rate-cut decision was not evenly split but also not heavily one-sided.
RBA aware of potential labour market overheating.
RBA dates this year:
This article was written by Eamonn Sheridan at www.forexlive.com.