RBA governor Bullock: We are focused on inflation and employment

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  • We do not target asset prices
  • No promises on what the RBA will deliver on rates if financial markets face volatility bout
  • There are risks to volatility in markets if things go pear shaped in the US
  • People look to central banks to do something but not necessarily we will do

These are just some token remarks there as she indirectly says that central banks are not underwriting financial assets. Wink, wink.

This article was written by Justin Low at investinglive.com.