More RBA Gov Bullock – don’t see interest rates coming down quickly

Earlier from Bullock:

RBA Governor Bullock: Don’t expect to be back in 2-3% target range until end of 2025

AUD/USD maintaining its session highs after RBA Governor Bullock hawkish again

More now:

  • Volatility in financial markets does effect sentiment, but not the
    economy
  • Based on what board
    knows now, don’t see rates coming down quickly
  • We do not react to
    one economic number
  • If economy does turn
    down quicker than thought, would cut rates

This article was written by Eamonn Sheridan at www.forexlive.com. Source