As Assistant to the Governor of the Reserve Bank of Australia, we hope it does not!But … this is probably not what she wants to say 😀
Ellis in the Q&A following his speech: RBA Ellis: Australian household debt levels a risk in the event of economic shockAnd not respond to questions about the meaning of policyMore:
- Comfortable with the speed with which the inflation is rising towards the target
- Still a fair bit of slack in the Australian labour market