RBA’s Bullock: Inflation is still too high, that will be my first priority as governor

  • May have to raise rates again, but watching data carefully
  • All central banks are grappling with how much further to hike

It’s easier to speak now but let’s see if she can walk the talk once she gets into the hot seat. As things stand, markets are not convinced of any more rate hikes by the RBA. For the upcoming meeting, the odds of there being no change are at ~96%.

This article was written by Justin Low at www.forexlive.com. Source