RBA's Bullock: It is appropriate to have a cautious, gradual stance on easing ...Middle East

Communication has been going pretty wellDifferent people can have different interpretations of dataOur interpretation of inflation data was a bit different to the marketBy the next meeting, we will have more data and news developmentsMonthly inflation data is a bit too volatileThe quarterly CPI report is the more comprehensive read, could be higherLooking for confirmation that we're still on the right path with inflationThere was a good active debate among policymakersThe difference in vote was very little, more towards the downside risks from international concernsThe difference in vote is not about direction, more so about timing This article was written by Justin Low at www.forexlive.com.

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