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- RBA’s Bullock: Volatility in financial markets does affect sentiment, but not the economy
RBA’s Bullock: Volatility in financial markets does affect sentiment, but not the economy
Reserve Bank of Australia (RBA) Governor Michele Bullock is responding to the Q&A session following her speech titled ‘Economic Conditions in Post-Pandemic Australia with a Regional Lens’ at Thursday's Rotary Club of Armidale Annual Lecture.
Key quotes
Volatility in financial markets does affect sentiment, but not the economy.
Board considered rate hike on tuesday.
Developing story …
Market reaction
AUD/USD holds the rebound near 0.6550 following the hawkish comments from the RBA Governor. The pair is currently trading 0.53% higher on the day to 0.6552.
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