RBA's Bullock: Australian dollar relatively stable, not a concern for policy

<ul><li>Focused on brining inflation to target within reasonable timeframe</li><li>There are risks inflation could return to target more slowly than forecast</li><li>Will not hesitate to raise rates if there is a material upward revision to inflation outlook</li><li>Australian dollar is relatively stable in trade-weighted terms, not a policy concern</li></ul><p>This is pretty much a continuation of things from Lowe previously, so carry on as you will.</p>

This article was written by Justin Low at www.forexlive.com.