Australia central bank again warns inflation is too high

Australia central bank again warns inflation is too high

February 11, 2026 / Liam Redmond /


Published Wed, Feb 11, 2026 · 10:13 AM

[SYDNEY] A top Australian central banker said on Wednesday inflation was too high and policy makers were committed to doing whatever was necessary to bring it to heel.

Speaking at a business lunch, Reserve Bank of Australia Deputy Governor Andrew Hauser said many parts of the economy were doing well but growth as a whole was bumping up against capacity constraints.

The RBA raised its cash rate last week by a quarter point to 3.85 per cent, reversing one of three cuts made last year, and left the door open to further tightening should inflation not subside as forecast. REUTERS

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.



Source link

Posted in

Liam Redmond

As an editor at Hollywood Fashion, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

Leave a Comment