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Stagflation is a 'central banker's nightmare', says RBA deputy governor

Andrew Hauser said the central bank is unsure rates are high enough as consumer sentiment fell 12.5% in April.

Summary by ABC Australia
RBA deputy governor Andrew Hauser says stagflation is a "central banker's nightmare" and the coming months will be challenging for Australia.
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Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser warned that the surge in oil prices triggered by the Middle East situation will bring a major real income shock to Australia, which is turning into a "nightmare" that is giving the RBA a headache.

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Australian Financial Review broke the news in Sydney, Australia on Tuesday, April 14, 2026.
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