RBA Governor Bullock says RBA board is not happy with inflation and the prospects of getting it down
Newsquawk Staff ·
RBA Governor Bullock says RBA board is not happy with inflation and the prospects of getting it down.
What it means
RBA Governor Bullock's comments indicate a hawkish stance, highlighting the board's dissatisfaction with current inflation rates and its prospects for reduction. This sentiment suggests that the RBA may be under pressure to maintain or increase interest rates, affecting the AUD and influencing bond yields as markets reassess rate expectations.
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