IN FULL: RBA Governor Michele Bullock speaks after shock decision | ABC NEWS

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July 8, 2025
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ABC News (Australia)
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IN FULL: RBA Governor Michele Bullock speaks after shock decision | ABC NEWS

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Okay. Uh, thank you for coming. So, today the board decided to leave the cash rate on hold at 3.85%. Monetary policy has been working as expected and we've made good progress on bringing inflation down over the past 18 months, but quarterly trimmed mean inflation has only been in our two to 3% target range for one quarter at 2.9% in March. Very ple... Read More

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