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Bullock: The RBA’s Dual Mandate – Inflation and Employment
I’d like to begin by acknowledging the Traditional Custodians of the land on which we meet and pay my respects to Elders past and present. It’s an honour to join you today at the Anika Foundation fundraising lunch. The Foundation supports vital work on youth mental health research, awareness and education, in which I have a strong personal interest. I’m proud to uphold the tradition of the Reserve Bank Governor speaking at this event to support an organisation that is making a real difference. My remarks today centre on the dual objectives of monetary policy: ‘price stability’, which means maintaining low ... (full story)
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RESERVE BANK OF AUSTRALIA GOV BULLOCK:
— PiQ (@PiQSuite) July 24, 2025
MEASURED, GRADUAL APPROACH TO MONETARY POLICY EASING IS APPROPRIATE
LABOUR MARKET HAS EASED ONLY GRADUALLY, UNEMPLOYMENT RATE RELATIVELY LOW
RISE IN UNEMPLOYMENT IN JUNE WAS IN LINE WITH OUR FORECASTS, NOT A "SHOCK"
JUNE DATA SUGGESTS…