RBA governor Bullock: Laborious to inform what lies forward with regards to Trump administration

• It’s laborious to inform what Trump administration will do, versus what they are saying they’ll do
• US tariffs may doubtlessly result in an increase in US inflation
• However it isn’t going to affect Australia inflation within the subsequent six months
• We’ve got to set coverage based mostly on what we all know somewhat than what’s within the shadows

That appears to be the widespread language amongst all main central banks proper now, and that features the Fed as effectively. That’s to say that they are targeted on their present aims and can solely cope with no matter curve ball Trump throws when the time comes.

This text was written by Justin Low at www.ubaidahsan.com.



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