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RBA Bullock says CPI was a little higher than expected, but about where we thought it'd be

RBA Bullock says CPI was a little higher than expected, but about where we thought it'd be
Reserve Bank of Australia Governor Bullock The CPI was a little higher than we expectedBut CPI was about where we thought it would comeGoods prices coming down, but services inflation remains persistentServices inflation is higher than what we are comfortable withWill have to build this into our forecastsHigher than we expected and about where we thought it'd be are not consistent statements.More:The longer inflation remains outside target band the more likely inflation expectations changeRBA h... Read More
Posted: Oct 25 2023, 22:08
Author Name: forexlive
Views: 092026

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