More from Reserve Bank of Australia Governor Bullock:
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If inflation remains higher than expected, will have to respond with
policy - We think we are
running narrow path, but very alert to upside inflation risks
I am not sure that Bullock is more hawkish than previous Governor Lowe, but she is certainly a lot more forthright in her messaging that the Bank will not sit idle if inflation doesn’t behave.
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Earlier:
This article was written by Eamonn Sheridan at www.forexlive.com. Source