RBA's Bullock - she still feels there is a path to get inflation donw without a recession

Reserve Bank of Australia's Deputy Governor Michele Bullock with more:

• everyone is focused on the AUD/USD exchange rate, on a trade weighted basis the Australian dollar has not declined as much
• still feels there is a path ahead to get inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term down and not go into recession

In her comments earlier today (link below) Bullock spoke of smaller rate hikes ahead given the RBA meets every month (except January), which is more often than many other central banks. I guess she then follows on in her thinking that this flexibility gives the RBA a great chance of avoiding recession.

Earlier remarks are here:

RBA dep gov Bullock says further interest rate hikes are on the way in the months ahead