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Reserve Bank of Australia Governor Bullock: The risks are more skewed toward inflation, and we are responding to that.Reserve Bank of Australia Governor Bullock: Inflation is slightly high and has some stickiness.Reserve Bank of Australia Governor Bullock: The labor market is still performing very well, which is good news.Reserve Bank of Australia Governor Bullock: Overall demand is too high.Reserve Bank of Australia Governor Bullock: Defending central bank independence is of paramount importance.