RBA Governor Bullock – inflation persistent, especially in services, but its coming down

Reserve Bank of Australia Governor Bullock speaking in parliament:

  • inflation is being persistent, particularly in services
  • but it is coming down


Bullock is correct on both comments. But we already know this.

AUD/USD update:

The US dollar is down a touch against most FX in early Asia here.

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