Reserve Bank of Australia Governor Bullock spoke earlier:RBA Governor Bullock says the Bank is increasingly optimistic about the labour marketBullock made mention that inflation will remain a crucial challenge over the next one to two years.This was very much evident in the minutes to the November meeting released soon after Bullock spoke:RBA minutes show intense focus on inflation and inflation expectations risksBullock differentiated between supply issues and strong underlying demand: "We're going to see more potential for supply shocks...if you keep getting them, there comes a point where everyone just expects inflation to remain high and if inflation expectations adjust, then it's a
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