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Indonesia News Portal for Traders | Financial & Business Updates

7 November 2024 07:12  |

RBA’s Bullock: Too early to judge US election, tariff implications

Reserve Bank of Australia Governor Michele Bullock said on Thursday that it’s premature to assess the impact of the US presidential election outcome and tariff implications.

Key quotes

Premature to assess the impact of US election outcome.

Too early to assess tariff implications.

Monitoring global developments, prepared to move accordingly.

RBA will respond as needed to geopolitical risks.

China's stimulus plans are a positive for China and Australia.

Australia's domestic inflation outlook is unchanged as yet.

Government cost of living relief helps at the margin with inflation challenge.

Source : Fxstreet

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