{"id":434845,"date":"2026-07-28T10:08:21","date_gmt":"2026-07-28T03:08:21","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/rbas-bullock-key-question-is-whether-tightening-already-delivered-enough-434845\/"},"modified":"2026-07-28T10:08:21","modified_gmt":"2026-07-28T03:08:21","slug":"rbas-bullock-key-question-is-whether-tightening-already-delivered-enough","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/rbas-bullock-key-question-is-whether-tightening-already-delivered-enough-434845\/","title":{"rendered":"RBA&#8217;s Bullock: Key question is whether tightening already delivered enough"},"content":{"rendered":"<div>\n<ul>\n<li>\n<p>Key question is whether tightening already delivered is enough to slow inflation<\/p>\n<\/li>\n<li>\n<p>Board ready to raise cash rate further if needed<\/p>\n<\/li>\n<li>\n<p>Policy operates with a lag, so full effects of this year&#8217;s rate increases yet to be felt<\/p>\n<\/li>\n<li>\n<p>Best contribution policy can make is to maintain low, stable inflation<\/p>\n<\/li>\n<li>\n<p>Some further easing in growth of demand likely to be required to bring inflation down<\/p>\n<\/li>\n<li>\n<p>Some further easing in labour market will likely be required<\/p>\n<\/li>\n<li>\n<p>Economy overall has adjusted gradually and broadly as expected<\/p>\n<\/li>\n<li>\n<p>Policy can&#8217;t address the economy&#8217;s slow productivity growth<\/p>\n<\/li>\n<li>\n<p>Underlying inflation has evolved as expected, but still too high<\/p>\n<\/li>\n<li>\n<p>Hearing from business that non-labour cost pressures continue to pick up<\/p>\n<\/li>\n<li>\n<p>Housing market has eased by more than we had anticipated<\/p>\n<\/li>\n<li>\n<p>Demand growth appears to be moderating broadly as expected in May baseline forecasts<\/p>\n<\/li>\n<li>\n<p>Remains too early to assess the full economic effects of oil shock<\/p>\n<\/li>\n<\/ul>\n<p>That sounds hawkish to me but there is no movement in AUD.<\/p>\n<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key question is whether tightening already delivered is enough to slow inflation Board ready to raise cash rate further if needed Policy operates with a lag, so full effects of this year&#8217;s&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434845","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434845"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434845\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}