- Focused on brining inflation to target within reasonable timeframe
- There are risks inflation could return to target more slowly than forecast
- Will not hesitate to raise rates if there is a material upward revision to inflation outlook
- Australian dollar is relatively stable in trade-weighted terms, not a policy concern
This is pretty much a continuation of things from Lowe previously, so carry on as you will.
This article was written by Justin Low at www.forexlive.com. Source