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✉news BusinessBanking first seen 13 h ago, last 2 h ago, peak #2

RBA governor says policy working but inflation outlook worsens

Original: Australia central banker says policy working, inflation outlook worse

Australia's central bank governor says monetary policy is working, but warns the inflation outlook has deteriorated. The comments suggest the Reserve Bank of Australia may face a harder path back to its inflation target, drawing attention from markets and economists watching whether further interest rate moves will be needed.

Why now: Markets and economists are watching the Reserve Bank for signals on the direction of interest rates.

Reserve Bank of AustraliaAustralia

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