RBA governor Bullock: The board is at all times information dependent

• Being pre-emptive suggests that we’ll take motion primarily based on one thing that we count on would possibly occur
• And we’re already doing that to some extent by reacting to our forecasts
• We’re on the lookout for affirmation alongside the way in which
• So, being pre-emptive and information dependent usually are not separate issues; they’re linked
• However when issues are actually unsure, would possibly lean in direction of eager to see agency data earlier than transferring
• Coverage is ahead trying and assumes that we are able to proceed to decrease rates of interest

This text was written by Justin Low at investinglive.com.