As it has been proven that inflation continues to exist and will only return to the target range later next year, Michele Bullock, Governor of the Reserve Bank of Australia, stated that there is still some distance between the bank and the relaxation of monetary policy. In her opening speech at a parliamentary panel meeting on Friday, Bullock stated that the board remains cautious of rising inflation risks. It is still too early to consider an interest rate cut.
澳大利亚央行行长:目前考虑降息还为时过早
Australian central bank governor: it is still too early to consider interest rate cuts at present.
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