The outgoing RBA governor’s speech was thoughtful, humble and humorous. But there were pointed messages about the post-pandemic world that business shouldn’t miss.
The next 12 months will test investors, businesses and households and the calls Michele Bullock makes will help determine just how difficult the environment becomes.
More weak US economic data had Wall Street rethinking the tech rally last night and turning defensive. Nasdaq down -1.1%, Dow up 80. (Available for non-subscribers after 10am)