RBA Governor Bullock's uncertainty on inflation and interest rates

<p>Reserve Bank of Australia Governor Bullock is speaking as part of a panel on "Inflation, Financial Stability and Employment". </p><p>Also on the panel are Bank of England Deputy Governor Ramsden and Bank of Spain´s governor / ECB monetary policy maker de Cos.</p><p>Bullock says the RBA has to be a little bit careful&nbsp;when using high interest rates to attack inflation without lifting the unemployment rate:</p><ul><li>high employment is helping people to pay expensive mortgages</li><li>says Australia inflation path is similar to overseas</li><li>says again she expects inflation to decline to just under 3% in 2025</li><li> but notes uncertainty on&nbsp;inflation's path</li></ul><p><br></p><p>AUD is at its highest since August:</p><p><br></p><figure data-media-><img src="https://images.forexlive.com/images/aud%20rba%20bullock%20inflation%2028%20November%202023_id_afe1c7ea-0776-4681-8fdf-faacbb6e2db2_size900.jpg" alt="aud rba bullock inflation 28 November 2023" width="1071" height="731" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/aud%20rba%20bullock%20inflation%2028%20November%202023_id_afe1c7ea-0776-4681-8fdf-faacbb6e2db2_size900.jpg" /></figure><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.