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RBA Deputy Governor Says Australia's Economy Shows Little Sign of Slowdown on July 8

2026-07-08 03:44:17

According to RBA Deputy Governor Sarah Hunter, speaking on July 8 at the ACE 2026 conference in Canberra, Australia's economy is showing little evidence of slowdown despite recent oil shocks. While consumer and business confidence have declined, economic activity has not yet visibly weakened, Hunter said. The RBA raised its benchmark rate three times this year in response to global energy disruptions, and Hunter's remarks suggest the central bank may continue tightening if needed to bring inflation back to target and sustain full employment in the labor market.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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