RBA’S HAUSER: MONETARY POLICY IS READY TO RESPOND IN EITHER DIRECTION
Reserve Bank of Australia (RBA) Deputy Governor Hauser spoke at the CBA 2024 Global Markets Conference in Sydney on Monday.
Key quotes
Slightly surprised employment growth has been so strong.
Labour participation rate is strikingly high.
RBA is data-dependent but not data-obsessed.
Will take into account Q3 CPI and other data to form a view on policy.
Acutely conscious that the outlook is uncertain.
Policy is ready to respond in either direction.
We are alert and ready to act.
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