RBA Governor Bullock says too early to judge US election, tarrif implications

Reserve Bank of Australia Governor Bullock testimony to parliamentSenate committeeComments: premature to assess impact of US election outcometoo early to assess tariff implicationsmonitoring global developments, prepared to move accordinglyRBA will respond as needed to geopolitical risksChina's stimulus plans are a positive for China and AustraliaAustralia's domestic inflation outlook is unchanged as yetgovernment cost of living relief halps at the margin with inflation challengeChristopher Kent, Assistant Governor (Financial Markets) speaking also:There are higher US deficits in prospect, along with higher rates and higher inflation than otherwiselarge tariffs on China could have an adverse impact on Australian exportsReserve Bank of Australia Governor Bullock This article was written by Eamonn Sheridan at www.forexlive.com.