RBA’s Bullock: Need to see results on inflation before lowering rates

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RBA’s Bullock: Need to see results on inflation before lowering rates
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Reserve Bank of Australia (RBA) Governor Michele Bullock is responding to the questions from the audience following her speech at the Anika Foundation, in Sydney on Thursday.

Reserve Bank of Australia Governor Michele Bullock is responding to the questions from the audience following her speech at the Anika Foundation, in Sydney on Thursday. Key quotes Level of demand for goods and services higher than supply. Need to see results on inflation before lowering rates. Trying to manage demand down to where it is in line with supply. Trying to manage demand so unemployment does not rise too much. Interest rate policy is clearly working.

Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD 0.07% 0.01% 0.01% 0.03% 0.04% -0.02% 0.04% EUR -0.07% -0.04% -0.05% -0.02% -0.02% -0.04% -0.03% GBP -0.01% 0.04% 0.00% 0.04% 0.02% 0.00% 0.01% JPY -0.01% 0.05% 0.00% 0.03% 0.02% -0.04% 0.03% CAD -0.03% 0.02% -0.04% -0.03% 0.02% -0.03% -0.00% AUD -0.04% 0.02% -0.02% -0.02% -0.

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