Reserve Bank of Australia policymaker Marion Kohler cautioned that returning inflation back to the target would be difficult and the road ahead could be bumpy.
"The next stage in bringing inflation back to target is likely to be more drawn out than the first," Kohler, acting assistant governor of RBA, said at the UBS Australasia Conference in Sydney on Monday. "This has been the experience of some other advanced economies that have been a little ahead of Australia in this inflation cycle," the policymaker said.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.