RBA Governor Bullock makes no mention of interest rates or economy in speech on payments

There will be a Q&A to follow Bullock’s speech. Likely to be more interesting to traders.

As I posted earlier,

The immediate background to this is last week’s soft-side labour market report, which raised expectations of a November 4 rate cut from the Reserve Bank of Australia:

• investingLive Asia-Pacific FX news wrap: Australian jobs data boosts RBA cut expectations

On October 29 we get the latest official inflation data. This could cement, or perhaps not, the case for the November rate cut.

This article was written by Eamonn Sheridan at investinglive.com.