Warren Hogan argues that the Reserve Bank of Australia must act on inflation risks following recent inflation data.
2 reports, 1 independent
Updated Jul 6
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What happened
Warren Hogan argues that the Reserve Bank of Australia must act on inflation risks following recent inflation data.
Who's involved
What this event is mainly aboutKeep exploring
Part of
ABS reports inflation data, which is monitored by the RBA.Also in this story
- ABS inflation data influences RBA policy outlook and prompts commercial banks like ANZ and NAB to adjust their interest rate forecasts.
- Rental market inflation is rising rapidly, indicating broader economic shifts monitored by central banks.
The entities involved
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Warren Hogan
Australian banking executive and economist
Nothing else this week.
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Australian Bureau of Statistics
federal statistics and census agency of the Australian Government
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
Related events
- Inflation data released by the Australian Bureau of Statistics undershot forecasts.
- The Reserve Bank of Australia monitors spending data from the Australian Bureau of Statistics to inform its monetary policy decisions.
- Inflation woes are spreading across sectors as the conflict curbed oil flow through the Red Sea region, hitting downstream fuel prices.