RBA Deputy Governor Warns of 'Materially Worse' Inflation Report, Signalling 'Difficult Choices'

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser has cautioned that the forthcoming underlying inflation report is anticipated to be 'materially worse' than the RBA's projections from August. Hauser indicated that the central bank faces 'difficult choices' in balancing the upside risks to inflation expectations against the downside risks to economic growth, suggesting potential implications for future interest rate decisions.