Reserve Bank of Australia Governor Bullock.
Wage data came in as expected, labour market still strong.Still have a tight labour market, think it's a little too tight.Board did not want to be late in easing.Board aware of long and variable lags for policy.Earlier:
Michelle Bullock, RBA Governor;
Andrew Hauser, Deputy Governor;Sarah Hunter, Assistant Governor (Economic);and Brad Jones, Assistant Governor (Financial System)are all appearing before the Australian parliament's House of Representatives Standing Committee on Economics
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