ICYMI - RBA Gov Bullock ruled out a rate cut ...Middle East

Justin had the headlines from Reserve Bank of Australia Governor Bullock here:RBA's Bullock: Underlying inflation is still too high to consider a near-term rate cutWhich included these from Bullock:Policy will need to remain restrictive until there is more confidence on inflation There is still some way to go in returning inflation sustainably to target band Our forecasts suggest a sustainable return to target will occur in 2026Justin added that these are not new. Yep. Never hurts for Bullock to reiterate the RBA outlook. Earlier this week we had the most recent inflation reading from Australia. It was the 'monthly' data for October. Monthly CPI from Australia is only just a guide, i

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