Reserve Bank of Australia Governor Bullock speaking at a payments event:
Comments on her policy outlook:
- Don’t think we are falling behind in inflation fight
- We’re taking a cautious approach and continue to watch data
more to come
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The Bank left its cash rate unchanged at 4.35% at the December 5 meeting.
The next official quarterly inflation data is due on January 31 2024 and that will inform the next rate decision. The next RBA meeting is on February 5 and 6. That meeting is ‘live’ at present.
This article was written by Eamonn Sheridan at www.forexlive.com. Source