RBA governor Bullock: We nonetheless suppose coverage is in restrictive territory

• As we’re nonetheless in restrictive territory, that’s nonetheless exerting downwards stress on inflation
• We did not go as excessive (on charges) as different international locations, so that they’ve needed to reduce fairly shortly
• We are able to nonetheless presumably reduce however we could not have fairly as a lot room to go as a result of we did not go as excessive within the first place

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



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