Reserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Christopher Kent will be giving testimony in parliament this morning Sydney time (from 9am local/2200 GMT/1800 US Eastern time).
The most recent background on the RBA is that at its September meeting, the Bank held its cash rate steady at 3.60 %, following three cuts earlier in 2025. The decision, while broadly expected, carried a notably “hawkish hold” tone, with the bank flagging risks that inflation in the September quarter might come in stronger than expected. As a result, market bets on a November cut weakened significantly.
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Later in the session, Federal Reserve Bank of San Francisco President Mary Daly participates in a moderated conversation before the Silicon Valley Directors Exchange. At 0140 GMT/2140 US Eastern time.
