RBA governor Bullock: We must get on top of inflation now before it gets away from us
- The interest rate increase will help contain inflationary shock
- If second round effects feed through to expectations, then it could require even higher rates
- The cash rate level is now a bit restrictive
- That gives us space to see how the conflict plays out
Q&A session:
- "Wait and watch" is probably the wrong term to describe current stance
- We feel we are now in a position where we've got space to be alert to both sides of the risks to inflation outlook
More to come..
This article was written by Justin Low at investinglive.com.提供 MainLink:Investinglive RSS Breaking News Feed
