The troubles facing the global economy are making it harder for the Reserve Bank to navigate a soft landing for the Australian economy.
RBA governor Philip Lowe said higher-than-expected inflation figures in the US and deteriorating economic conditions in Europe and China were making it hard to return inflation to the two to three per cent target and keep the economy on an "even keel".
"I think it is possible to achieve this but the path here is a narrow one and it's clouded in uncertainty," Dr Lowe told the House of Representatives economics committee on Friday.
