• RBA's deputy governor Debelle: We will not raise cash rate until actual inflation is sustainably within target band

Notícias do Mercado

6 maio 2021

RBA's deputy governor Debelle: We will not raise cash rate until actual inflation is sustainably within target band

  • There has not been any material upside surprise in inflation
  • Economic recovery has "significantly exceeded" even most optimistic expectations
  • But not the case for wages, inflation in Australia
  • Need to see further significant gains in employment, lower unemployment rate
  • Need a tighter labour market to lead to higher wage rises
  • Does not expect such conditions to be met until 2024 at the earliest
  • State of economy is key determinant of policy settings, not the calendar
  • There are tools to deal with house prices, monetary policy not one of them

O foco de mercado
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