Original article by Ronald Mizen
The Australian Financial Review – Page: Online : 23-Dec-22

The House of Representatives’ economics committee has been reviewing the Reserve Bank of Australia, with its report being issued on 22 December. The committee has noted that the RBA is not solely responsible for bringing down inflation, with the committee observing that community and business expectations about inflation also have an influence; the committee stated the RBA needs to take these expectation into account both when setting interest rates and when signalling its monetary policy intentions. The committee stated it expects the RBA to analyse where demand inflation is strongest and what impact interest rate rises were having.

CORPORATES
AUSTRALIA. HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON ECONOMICS, RESERVE BANK OF AUSTRALIA