More from RBA Gov Bullock – if inflation remains higher than expected will respond

More from Reserve Bank of Australia Governor Bullock:

  • 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.

Earlier:

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