• A Reserve Bank of Australia (RBA) Governor’s speech was interpreted as reducing the risk of further rate hikes. While noting that consumer spending had slowed, the Governor also outlined the bank’s preliminary response to the RBA Review recommendations, including moving to 8 annual Board meetings from next year. Michele Bullock, the current RBA Deputy Governor, was appointed to replace the Governor when his term expires in September, but there was no notable reaction in financial markets to this news.

 

  • A Reserve Bank of Australia (RBA) Governor’s speech was interpreted as reducing the risk of further rate hikes. While noting that consumer spending had slowed, the Governor also outlined the bank’s preliminary response to the RBA Review recommendations, including moving to 8 annual Board meetings from next year.

  • A Reserve Bank of Australia (RBA) Governor’s speech was interpreted as reducing the risk of further rate hikes. While noting that consumer spending had slowed, the Governor also outlined the bank’s preliminary response to the RBA Review recommendations, including moving to 8 annual Board meetings from next year.
  • A Reserve Bank of Australia (RBA) Governor’s speech was interpreted as reducing the risk of further rate hikes. While noting that consumer spending had slowed, the Governor also outlined the bank’s preliminary response to the RBA Review recommendations, including moving to 8 annual Board meetings from next year.
 
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