More from RBA’s Bullock – If inflation proves sticky, won;t hesitate to hike rates

Reserve Bank of Australia Governor Bullock:

  • Labour market easing on a number of measures
  • Board considers
    monetary policy is restrictive
  • If inflation proves
    sticky, won’t hesitate to hike
  • If economy is much
    weaker, will be ready to ease

Earlier:

AUD/USD barely changed circa 0.6649

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