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RBA's Bullock: Already cut by 50bps effects still to flow through by next meeting
RESERVE BANK OF AUSTRALIA GOV BULLOCK:
— PiQ (@PiQSuite) July 8, 2025
ALREADY CUT BY 50BPS EFFECTS STILL TO FLOW THROUGH
BY NEXT MEETING, WILL HAVE MORE DATA AND NEWS
APPROPRAITE TO HAVE CAUTIOUS GRADUAL STANCE ON EASING
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RBA GOV BULLOCK:
— PiQ (@PiQSuite) July 8, 2025
OUR INTERPRETATION OF CPI WAS DIFFERENT TO MARKET
THIS DECISION WAS ABOUT TIMING RATHER THAN DIRECTION
CONFIDENT ON A PTH TO EASE FURTHER
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RBA GOV BULLOCK:
— PiQ (@PiQSuite) July 8, 2025
MONTHLY CPI TOO VOLATILE, QURTERLY COULD BE HIGHER
THERE WAS ACTIVE DEBATE IN BOARD ROOM, DIFFERENCE IN TWO CAMPS WAS NOT ABOUT DIRECTION
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