RBA to Decide Whether to Cut Rates to Boost Jobs, Bullock Says

Australia’s monetary policy board will have to decide whether to lower interest rates further to support the labor market or stand pat in order to maintain downward pressure on inflation,...

By Swati Pandey · Bloomberg Markets

Australia’s monetary policy board will have to decide whether to lower interest rates further to support the labor market or stand pat in order to maintain downward pressure on inflation, Reserve Bank Governor Michele Bullock said in comments to an economists’ forum.