News list for " Bullock"
Reserve Bank of Australia President Bullock: No interest rate hike was explicitly considered at the meeting.
On August 29th, according to a report by Jin Ten, the money market has been betting that the Reserve Bank of Australia will cut interest rates in the near future, despite the fact that the President of the Reserve Bank of Australia, Block, has hinted that there will be no interest rate cut in the near future. However, data released this week showed that the Australian inflation rate in July was slightly higher than economists' expectations, and the interest rate cut bet began to fade. The market...
Reserve Bank of Australia President Brock: We remain vigilant about inflation risks and will not hesitate to raise interest rates if necessary. We do not expect inflation to return to the target range of 2-3% before the end of 2025. The Committee believes that current interest rates remain in line with its inflation target.
Reserve Bank of Australia President Bullock: Ready to raise interest rates if necessary.
Reserve Bank of Australia President Brock: The market's expectations for interest rate cuts are too advanced.
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