RBA’s Bullock reiterates no rate cuts soon, stresses vigilance on inflation risks

In a speech today, RBA Governor Michele Bullock reaffirmed that the central bank is unlikely to cut interest rates in the near term, provided the economy evolves as anticipated. Bullock emphasized that the Board remains “vigilant to upside risks to inflation” and that monetary policy will need to stay “sufficiently restrictive” until there is clear […]

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