Guy Debelle, Deputy Governor of the Reserve Bank of Australia, his earlier speech is here: RBA's Debelle: Australian rates do not have to rise in line with global peers

Q&A now:

  • Says rising Australian dollar is complicating the economy's adjustment
  • Rising AUD is not welcome
  • Discussion of neutral rate had no implications for policy
  • Inflation targeting still useful

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(ps - on inflation - Australian Q2 CPI is due July 26_