RBA Deputy Governor speaks on 'incredibly toxic' inflation and how the central bank is looking to get interest rates down
In his interview, Mr Hauser discussed the interconnected relationship between inflation and interest rates. "Our target is not for a particular level of interest rates, it's a particular level of inflation," he said. "Having something called inflation that you can't control and gets into every decision is incredibly toxic."
"I think if you took those data out of Canada and you plugged them into the Australian context, you might well see a different policy stance."
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