Australia central bank cautious on rate decisions due to tariff uncertainty, emphasizes patience and vigilance

From Yahoo Finance: 2025-04-10 06:06:00

Australia’s central banker, Governor Michele Bullock, cautions against premature interest rate decisions amidst economic uncertainty caused by U.S. trade policies. Despite market and economic volatility, Bullock assures Australia’s financial system is resilient. Trump’s tariffs on China escalate trade tensions, prompting speculation of potential rate cuts by the RBA to maintain stability. Governor Bullock emphasizes patience and vigilance in managing price stability and employment amidst global uncertainties.



Read more at Yahoo Finance: Australia central bank says too early to decide on rate path amid tariff uncertainty