More from RBA's Bullock: RBA has room to move if the global economy takes a bad turn

  • Reserve Bank of Australia Governor Bullock is basically saying 'data dependent' over and over again.
rba Reserve Bank of Australia Australia Australian dollar aud 2

Reserve Bank of Australia Governor Bullock is speaking from Australia's parliament.

She has been at it for hours, but the TL;DR is 'data dependent'.

Earlier:

AUD is barely moving.

More again from Bullock:

  • Jobs data are volatile, employment growth has slowed, but unemployment steady
  • Jobs market in line with our forecasts
  • Close to full employment, slightly on tight side
  • More confident that Inflation will stay in band
  • Recent Chinese economic data have not been so great
  • Seeing consumption picking up, the risk is that it undershoots

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