Reserve Bank of Australia Governor Bullock is speaking twice in the week ahead

Reserve Bank of Australia Governor Bullock is speaking twice on Thursday September 5.

At noon local time, Bullock will address The Anika Foundation, Sydney

• 0200 GMT, 2200 US Eastern time (Wednesday evening)

At 7 pm Sydney time Bullock will speak in a Fireside Chat (pre-recorded) at the Women in Banking & Finance Awards

• 0900 GMT, 0500 US Eastern time

We have heard from Bullock a couple of weeks back at the Australian parliament:

• More RBA Gov Bullock – don’t see interest rates coming down quickly
• AUD/USD maintaining its session highs after RBA Governor Bullock hawkish again
• RBA Governor Bullock: Don’t expect to be back in 2-3% target range until end of 2025

And in the minutes of the August meeting:

• RBA minutes: Possible cash rate will stay steady for an extended period

I strongly suspect unchanged messaging from Bullock this week along the lines:

• ruling out a near-term cash rate cut
• RBA eyes are on preserving gains in the labour market
• services inflation remains high and sticky

This article was written by Eamonn Sheridan at www.forexlive.com.