Michele Bullock’s speech after RBA rate decision was ‘full of nothing’

Sky News host Caleb Bond says the Reserve Bank Governor Michele Bullock’s presser was “full of nothing”. The Reserve Bank of Australia made the decision to keep the cash rate on hold at 4.35 per cent on Tuesday. Mr Bond said he watched it and “did not learn a single thing” about why any decision was made. “And if you read the press release they put out today about the decision they made, I’m sure I’ve read those lines before, it’s the same stuff over and over and over again. “The only thing that mattered as far as I was concerned was that Michele Bullock said today … that they anticipate that interest rates will start to decrease by the end of the year.”