RBA's Hunter says close to getting inflation to target
Comments come from "Fireside Chat with Assistant Governor (Economic) Sarah Hunter, at the 2025 AFIA Conference"
- Close to getting inflation to target
- Risks around the outlook are balanced
- Monetary policy impact with a delay, have to be forward looking
- Consumption is looking better, position beginning to turn over
- Household spending has picked up a bit
- Very closely monitoring the underlying strength of consumer spending
- Want to keep the Australian economy near full employment
- Monthly July CPI was some due to some timing going on with rebates
- Core inflation looks to be broadly in line with out forecasts
more to come