Reserve Bank of Australia Governor Bullock is be speaking as part of a panel on “Inflation, Financial Stability and Employment”. Also on the panel are Bank of England Deputy Governor Ramsden and Bank of Spain´s governor / ECB monetary policy maker de Cos.
Earlier:
RBA Governor Bullock’s uncertainty on inflation and interest rates
Bank of England’s Ramsden monetary policy to be restrictive for an extended period of time
More from Bullock, who is displaying a hawkish bias:
- monetary policy is restrictive
- rate hikes are dampening demand
- but demand being propped up by immigration, this has contributed to second round effects of cost rises
- sticky services inflation
![Reserve Bank of Australia Governor Bullock RBA 23 October 2023](https://images.forexlive.com/images/Reserve%20Bank%20of%20Australia%20Governor%20Bullock%20RBA%2023%20October%202023_id_041d1c4d-6f95-4e0c-aace-74d2ae1054f1_original.jpg)
This article was written by Eamonn Sheridan at www.forexlive.com. Source