Categories Finance

RBA’s Bullock: I don’t know if we’re going to be cutting rates in February

  • Cannot describe an exact scenario on what may lead to us cutting rates in February
  • There are many configurations in the data that might potentially lead us in that direction
  • But honestly don’t know if there will be a rate cut
  • Have to look at the data and be data driven
  • We are watching for things to move in line with out forecast
  • If so, then we would be there at some point to consider a rate cut
  • But can’t give an exact timing on that

This article was written by Justin Low at www.forexlive.com.

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