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AAP
AAP
Jacob Shteyman

RBA boss optimistic on inflation but fears correction

RBA governor Michele Bullock believes the nation is in a good position when it comes to inflation. (Aap/AAP PHOTOS)

Australia is in a "very good position" on inflation but there are signs financial markets are being complacent about the geopolitical risks, the central bank boss says.

Reserve Bank governor Michele Bullock painted a rosy picture of Australia's economic outlook on Monday, as she fronted a parliamentary grilling for the first time since the federal election in May.

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