RBA Governor Bullock says RBA expects inflation to increase further in the near term, notes flow of data and development since May has not been materially different to our expectations

Newsquawk StaffPublished 4 Jun 2026, 05:22 UTCOn the live feed at 05:02 UTC, 20 minutes before this page

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05:31

Newsquawk Daily European Opening News - 4th June 2026

05:24

RBA Deputy Governor Hunter says monetary policy is somewhat restrictive; Q1 GDP was in line with RBA expectations

05:02

RBA Governor Bullock says RBA expects inflation to increase further in the near term, notes flow of data and development since May has not been materially different to our expectations

04:41

US President Trump posts "If you add the largest Tax and Regulation Cuts in U.S. History, $5000 to $10,000 per family, coupled with falling prices across the board from the Sleepy Joe Biden years, “TRUMP” & THE REPUBLICANS WIN THE AFFORDABILITY WARS"

04:35

BoJ is said to mull a June rate hike with another possible in 2026, according to Bloomberg source reports

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Inflation is too high, and the board will do what it considers necessary to achieve its mandate of delivering price stability and full employment.
Having raised the cash rate three times, monetary policy is well placed to respond to developments.
Will carefully monitor conditions to assess how the combined effects of higher interest rates and the energy price shock are playing out.
Some signs of tightening impact already seen, but full effects to take 1 to 2 years.

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