Michele Bullock, Deputy Governor at the Reserve Bank of Australia and Christopher Kent, Assistant Governor (Financial Markets) are appearing before the Australian parliament's Senate Economics Legislation Committee (Budget Estimates).
Bullock:
- interest rates may have to go a little higher
- getting nearer to the point where we might be able to pause and take a look
- hoping demand in the economy is slowing but need to see more evidence
-
Really not a lot of substance in that lot.
