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Australia's quarterly inflation outcome this week was close to the Reserve Bank's expectations, Deputy Governor Andrew Hauser said, while adding the board is debating the extent of labor market tightness....
Australia's core inflation cooled in the three months through June, strengthening the case for the Reserve Bank to ease monetary policy as early as August on signs of abating price pressures....
The RBA said it was waiting for "a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable basis."...
Australia's central bank should ditch a new goal of hitting the midpoint of its 2-3% inflation band as the benchmark imposes unrealistic expectations on policymakers, according to Brian Redican, chief economist at sovereign investment manager TCorp....