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RBA Gov. Bullock says still considering whether CPI was a "material" change to outlook

Reserve Bank of Australia Governor Bullock is appearing in parliament, before the Senate Economics Legislation Committee.She says the Bank is still thinking about if yesterday's inflation data showed a "material" increase.The RBA must be the only people in Australia still wondering about the 'material' question. Every analyst take I have seen have said it was and that it'll be addressed with a 25 bp rate hike in November. I concur. more to comeEarlier from Bullock:RBA Bullock says CPI was a litt...
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Posted: Oct 25 2023, 22:22
Author Name: forexlive
Views: 042294