RBA’s Bullock Says Economy Cooling, Unsure If Rates High Enough
RBA economy outlook
Covered by 6 sources
- ABC News AU·58m agoInflation softer than expected in June but still 'uncomfortably high'
Headline inflation was softer than expected in June, but the RBA could still debate what to do with interest rates next month.
Read at ABC News AU → - Guardian Australia·3h ago‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders
ABS data shows inflation still too high but tracking lower than anticipated Australian mortgage-holders have “dodged a bullet’, with the Reserve Bank now less likely to hike rates next month after new data showed inflation unexpectedly eased to 3.8%, in the year to June, from…
Read at Guardian Australia → - The Conversation AU·1d agoOver half of Australians surveyed don’t know how the RBA is fighting inflation – making it harder to beat
Tomorrow we’ll get the latest figures on inflation in Australia. That data will be critical in helping the Reserve Bank of Australia decide whether to lift interest rates again next month. Answering questions at a lunchtime speech today, RBA Governor Michele Bullock noted…
Read at The Conversation AU → - The West Business·1d agoAnother ate hike on the cards, Reserve Bank Australia chief Michele Bullock warns because of weak productivity
Reserve Bank governor Michele Bullock has explained why borrowers could face another rate hike.
Read at The West Business → - Bloomberg Economics·1d agoRBA’s Bullock Says Economy Cooling, Unsure Rates High Enough
Australia’s central bank chief said there are signs the economy is cooling as anticipated, though it’s still unclear if this year’s interest-rate hikes are enough to return inflation to target or whether additional tightening will be needed.
Read at Bloomberg Economics →
