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RBA’s Hauser: "Whatever It Takes" to Tame Inflation! 🛡️🔥
The Reserve Bank of Australia (RBA) is digging in its heels. Deputy Governor Andrew Hauser has reaffirmed the bank's hawkish stance, stating they will "act as needed" to force inflation back into the 2–3% target band.
This comes on the heels of the RBA’s shock decision on February 3, 2026, to hike the cash rate by 25 bps to 3.85%—the first increase in over two years.
🔍 The "Hauser Reality Check"
The Target is Non-Negotiable: Hauser emphasized that while the RBA seeks to preserve "full employment," its primary mission is price stability. With inflation currently sitting at 3.8% (December 2025 data), the bank is far from its midpoint goal of 2.5%.
No Quick Cuts: Hauser previously warned that the likelihood of rate cuts in the near term is "very low." He’s effectively signaled that the "pivot" many were hoping for in 2026 is officially on hold.
Persistent Pressures: The RBA is particularly concerned about services inflation and housing costs, which have proven stickier than expected despite previous tightening.#USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund