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Reserve Bank says unemployment rise was not a shock, inflation on track

  • Written by The Conversation

Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.

In a speech today to the Anika Foundation, Bullock said there has been:

meaningful progress in bringing inflation down.

But the Reserve Bank is waiting for confirmation that underlying...

Read more: Reserve Bank says unemployment rise was not a shock, inflation on track

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