RBA’s Bullock Says Economy Cooling, Unsure If Rates High Enough
RBA economy outlook
Covered by 8 sources
- The West Lifestyle·4h agoInflation data gives Reserve Bank reason to pause looming interest rate hike
Australia’s inflation rate has fallen – but economists say households won’t feel relief until this time next year.
Read at The West Lifestyle → - 7NEWS Australia·16h agoSurprise inflation drop eases chance of RBA interest rate hikes
Inflation figures have come in under the Reserve Bank's predictions, but some economists warn they might not paint a true picture.
Read at 7NEWS Australia → - ABC News AU·21h 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 → - 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 →