Bullock Speech: RBA Governor speaks on policy outlook after holding interest rate

Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, explaining the reason behind maintaining the interest rate at 4.1% in the April policy meeting.

Bullock is taking questions from the press as part of a new reporting format introduced by the central bank this year.

Key quotes from the RBA press conference 

Have to be careful not to get ahead of ourselves on policy.

Board did not discuuss a rate cut.

Holding rates was a consensus decision.

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Economic Indicator

RBA Press Conference

Following the Reserve Bank of Australia’s (RBA) economic policy decision, the Governor delivers a press conference explaining the monetary policy decision. The usual format is a roughly one-hour presser starting with prepared remarks and then opening to questions from the press. Hawkish comments tend to boost the Australian Dollar (AUD), while on the opposite, a dovish message tends to weaken it.

Next release: Tue Apr 01, 2025 04:30

Frequency: Irregular

Consensus: –

Previous: –

Source: Reserve Bank of Australia