- We're alert to outside commentary on our policy setting
- The board is not immune to outside commentary and will decide for themselves on policy
- Previous rate cuts are still feeding through to the economy
- Still watching for the impact, it is a balancing act
- We've already had three interest rate cuts, I know that mortgage holders want more
- But it's also important to keep inflation under control, that's also what impacts people's living standards
- Policy is at the right spot at the moment
I don't think there's anything else that would be too notable from her remarks. She has made it pretty clear that their current stance is to leave policy on hold and to weigh up economic data in the months ahead before deciding next year. AUD/USD is just holding marginally lower by 0.1% on the day at 0.6532, with the more negative risk mood likely to be the bigger driver today.
