RBA Bullock: If consumption slows quicker than expected will be opportunity to cut rates ...Middle East

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Reserve Bank of Australia Governor Bullock is giving testimony before the Australian Parliament's House of Representatives Standing Committee on Economics.From the Q&A: Inflation doesn’t need to be in 2-3% band for us to think about rate cutsIf consumption slows more quickly than expected will be opportunity to cut ratesWe considered range of policy scenarios at February meetingEarlier:RBA Bullock: Recent inflation developments are encouraging, some way to go to meet targetReserve Bank of Australia Governor Bullock speaks - live linkmore to come This article was written by Eamonn Sheridan at www.forexlive.com.

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