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Bullock: Opening Statement to the House of Representatives Standing Committee on Economics
Chair and members of the Committee. This is my first appearance before the Committee as Governor. I have of course been here before, first as Assistant Governor, Financial System and more recently as Deputy Governor, so I am familiar with the process. These hearings are an important part of the accountability process for the Reserve Bank. Like Governors before me, I welcome the opportunity to answer your questions, as do my colleagues. Quite a bit has changed at the RBA since we last appeared before the Committee in August 2023. My seven-year term as Governor started last September and a new Deputy Governor, who has ... (full story)
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RBA GOVERNOR BULLOCK: MORE DISTANCE TO COVER IN MEETING OUR TARGET
— FinancialJuice (@financialjuice) February 8, 2024
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RBA’s Bullock: Board Is Focused On Bringing Infl. Down
— LiveSquawk (@LiveSquawk) February 8, 2024
- Board Hasn’t Ruled Out Further Hike But Neither Has It Ruled It In
- Recent Developments In Infl. Are Encouraging, Still Some Way To Go To Meet Target
- Need Services Infl. To Be ‘Quite A Bit Lower’ Than Current Levels