Earlier from Bullock:
RBA Governor Bullock: Don't expect to be back in 2-3% target range until end of 2025
AUD/USD maintaining its session highs after RBA Governor Bullock hawkish again
More now:
- Volatility in financial markets does effect sentiment, but not the economy
- Based on what board knows now, don’t see rates coming down quickly
- We do not react to one economic number
- If economy does turn down quicker than thought, would cut rates