RBA’s Bullock: Needs to be cautious on monthly CPI series as yet
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Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the December monetary policy decision on Tuesday.
Earlier this Tuesday, the RBA kept the benchmark interest rate unchanged at 3.6%, as widely expected.
Key quotes
Needs to be cautious on monthly CPI series as yet.
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Market reaction
AUD/USD is holding higher ground above 0.6600 on the above comments, adding 0.17% on the day, as of writing.
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