Following RBA’s decision to cut the cash rate by 25bps to 3.85%, Governor Michele Bullock revealed in the post-meeting press conference that the Board briefly considered holding rates but quickly moved to debate between 25 and 50 basis point reductions. Ultimately, the more measured 25bps cut was preferred, given that inflation is within target and […]
The post RBA’s Bullock: Debated 25 vs 50bps cut debated; trade risks tilt toward disinflation appeared first on Action Forex.
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