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RBA's Bullock Says Inflation Is 'Too High' to Consider Rate Cuts

By Yahoo! Finance   |   1 year ago
RBA's Bullock Says Inflation Is 'Too High' to Consider Rate Cuts

Australia's Reserve Bank Governor, Michele Bullock, stated that the country's core inflation is too high for considering interest-rate cuts soon. She emphasized the need for sustainable inflation target return by 2026, amid global rate reduction trends.

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