RBA Governor Michele Bullock told a parliamentary committee today that the central bank expects underlying inflation to moderate toward the midpoint of its 2–3% target range, with forecasts conditioned on the market’s assumption of modest further easing. Recent rate cuts are seen supporting household and business spending, while real income growth should help sustain consumption […]The post RBA’s Bullock: Economy may prove weaker or stronger than forecasts appeared first on Action Forex.