More RBA Gov Bullock – don’t see interest rates coming down quickly

August 08, 2024 at 04:43AM
Earlier from Bullock:

RBA Governor Bullock: Don’t expect to be back in 2-3% target range until end of 2025

AUD/USD maintaining its session highs after RBA Governor Bullock hawkish again

More now:

Volatility in financial markets does effect sentiment, but not the
economy

Based on what board
knows now, don’t see rates coming down quickly

We do not react to
one economic number

If economy does turn
down quicker than thought, would cut rates

This article was written by Eamonn Sheridan at www.forexlive.com.

More RBA Gov Bullock – don’t see interest rates coming down quickly