{"id":436508,"date":"2026-08-19T09:47:49","date_gmt":"2026-08-19T02:47:49","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/rba-dep-gov-hauser-says-inflation-is-too-high-monetary-policy-needs-to-bring-it-down-436508\/"},"modified":"2026-08-19T09:47:49","modified_gmt":"2026-08-19T02:47:49","slug":"rba-dep-gov-hauser-says-inflation-is-too-high-monetary-policy-needs-to-bring-it-down","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/rba-dep-gov-hauser-says-inflation-is-too-high-monetary-policy-needs-to-bring-it-down-436508\/","title":{"rendered":"RBA dep Gov Hauser says inflation is too high, monetary policy needs to bring it down"},"content":{"rendered":"<div>\n<p>Reserve Bank of Australia Deputy Gov Hauser:<\/p>\n<ul>\n<li>Inflation is too high<\/li>\n<li>Monetary policy needs to bring inflation down, needs to reduce demand in economy<\/li>\n<li>Not seeing recession, just slowdown<\/li>\n<li>Worried about inflation, upside risks to inflation<\/li>\n<li>If inflation doesnt come down, will have to raise rates again<\/li>\n<\/ul>\n<p>&#8212;<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">RBA Deputy Governor Andrew Hauser has reiterated that inflation remains too high and that monetary policy needs to keep reducing demand in the economy to bring it back toward target, warning that further rate hikes are still on the table if inflation fails to come down.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Hauser said the Board is not forecasting a recession, characterising the current path as a slowdown rather than a sharper downturn, but flagged that upside risks to inflation remain a genuine concern. The comments extend a message he has delivered consistently through 2026: that the RBA&#8217;s three rate hikes earlier this year, which took the cash rate to 4.35 percent, reflected a judgment that demand was outstripping the economy&#8217;s supply capacity by more than initially expected, and that acting early limits the eventual cost to unemployment.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\"><a href=\"https:\/\/investinglive.com\/central-banks\/aud-traders-heads-up-andrew-hauser-reserve-bank-of-australia-deputy-governor-speaking-soon\/\" rel=\"follow\">The remarks land against a backdrop <\/a>where the Board has now held rates steady for two consecutive meetings, with headline inflation running around 3.8 percent, still above the 2-3 percent target band, and trimmed mean measures proving sticky rather than falling cleanly. Governor Bullock has separately noted that current market pricing for near-term rate cuts runs ahead of the Board&#8217;s own thinking, and Wednesday&#8217;s wage data adds a further complication: private sector wage growth has continued to moderate to its slowest pace this cycle, but the Fair Work Commission&#8217;s larger-than-expected 4.75 percent award wage increase lands in the third quarter and is expected to push wage growth back up.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">Layered on top of the domestic picture is the external inflation risk from elevated oil prices tied to the ongoing Iran conflict and Strait of Hormuz disruption, a factor Hauser and Bullock have both cited as complicating the RBA&#8217;s task alongside already-excess domestic demand. Hauser&#8217;s explicit warning that rates could rise again if inflation doesn&#8217;t ease keeps the Board&#8217;s tightening bias technically alive, signalling the current pause remains conditional rather than a shift toward an easing cycle.\u00a0<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\">\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of Australia Deputy Gov Hauser: Inflation is too high Monetary policy needs to bring inflation down, needs to reduce demand in economy Not seeing recession, just slowdown Worried about inflation,&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436508","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436508"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436508\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}