Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at a press conference following the central bank's August monetary policy decision announced on Tuesday.
Reserve Bank of Australia Governor Michele Bullock is speaking at a press conference following the central bank's August monetary policy decision announced on Tuesday. Bullock is responding to questions from the media, as part of a new reporting format for the central bank starting this year. At its August policy meeting, the RBA maintained the key interest rate at 4.35% for the sixth consecutive meeting. Key quotes Board judges level of cash rate appropriate.
How does inflation data impact the value of the Australian Dollar? While inflation had always traditionally been thought of as a negative factor for currencies since it lowers the value of money in general, the opposite has actually been the case in modern times with the relaxation of cross-border capital controls.
Centralbanks Interestrate AUDUSD Inflation
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