RBA deputy governor Debelle with scheduled speech 26 Oct
- still expects it to be used up
- alert to risk that wages will remain subdued even as spare capacity reduced
- current estimate is that Nairu remains around 5%
- economic forecasts in quarterly outlook to be presented as central points rather than a range
- CPI subject to substitution bias, overstated by ave 0.25% between reweightings
AUDUSD not liking the comments and down to 0.7682 session/recent lows from 0.7705
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