RBA Bullock: Inflation Is Driven By Domestic Capacity Pressures
Inflationary Pressures To Last Longer Than Expected Board Will Raise Rates Again If Needed Still Think Labor Market Is A Little Bit Tight Unemployment Rate Still Low Historically Need To Bring Excess Demand Down, Recession Is Not Our Central Case Will Not Put Too Much Emphasis On August CPI Number, Need Tight Financial Conditions
Inflationary Pressures To Last Longer Than Expected Board Will Raise Rates Again If Needed Still Think Labor Market Is A Little Bit Tight Unemployment Rate Still Low Historically Need To Bring Excess Demand Down, Recession Is Not Our Central Case Will Not Put Too Much Emphasis On August CPI Number, Need Tight Financial Conditions