View full page at forexfactory.com

 

March GDP numbers to be ‘quite low’, RBA governor Michele Bullock says

From news.com.au

{video} A rebound in inflation or stickier than anticipated price pressures would force the RBA to hike interest rates again, Reserve Bank governor Michele Bullock has told a senate estimates hearing. “If we think we’re on the narrow path, we can stay basically, pretty much where we are: not ruling anything in, ruling anything out,” she said. “But if it turns out, for example, that inflation starts to go up again or it’s much stickier than we think we’re not getting it down, then we won’t hesitate to move and raise interest rates again.” However, if growth was lower than anticipated, Ms Bullock said the RBA would ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis