RBA Governor Bullock: Monetary policy does not target house prices

The Governor of the Reserve Bank of Australia said monetary policy does not directly target housing prices. The comment suggests that housing market conditions are not the sole focus of policy decisions.

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The story

The Governor of the Reserve Bank of Australia said monetary policy does not directly target housing prices.

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SpeakerGovernor of the Reserve Bank of Australia

ClaimIt was stated that monetary policy does not directly target housing prices.

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