RBA’s Debelle: Rising AUD is complicating the economy's adjustment

Additional headlines now crossing the wires from the RBA Deputy Governor Debelle, as he now responds to the Q & A session that follows his speech titled "Global Influences on Domestic Monetary Policy" at the Committee for Economic Development of Australia luncheon, in Adelaide.

Key Points:

Australia not seen universal house price impact from low interest rates

The rising AUD is complicating the economy's adjustment

Rising AUD is not welcome

Inflation targeting still useful

Discussion of neutral rate had no implications for policy