RBA governor Bullock: We are not moved by outside commentary on policy

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We're alert to outside commentary on our policy settingThe board is not immune to outside commentary and will decide for themselves on policyPrevious rate cuts are still feeding through to the economyStill watching for the impact, it is a balancing actWe've already had three interest rate cuts, I know that mortgage holders want moreBut it's also important to keep inflation under control, that's also what impacts people's living standardsPolicy is at the right spot at the momentI don't think there's anything else that would be too notable from her remarks. She has made it pretty clear that their current stance is to leave policy on hold and to weigh up economic data in the months ahead before deciding next year. AUD/USD is just holding marginally lower by 0.1% on the day at 0.6532, with the more negative risk mood likely to be the bigger driver today. This article was written by Justin Low at investinglive.com.