RBA’s Hauser: When inflation stops being high and sticky the Bank will act

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser is speaking at the Walkley Foundation, in Sydney.

Key quotes

When inflation stops being high and sticky the Bank will act.

US inflation nearing target, Australia's lagging.

Expect core will hit target, but inflation is persistent.

Lowering inflation is a significant task and we are not completed yet.

Bank must remain strong in fight against inflation.