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RBA Governor Michele Bullock says era of low interest rates is over
Original: RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia
Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, warning that borrowers should not expect a return to the cheap-money conditions of the past decade. Her remarks signal the central bank expects rates to stay structurally higher, a message with major implications for Australian mortgages, business borrowing and household budgets.
Why now: Australians are highly sensitive to interest rate outlooks amid cost-of-living and mortgage pressures.
Michele BullockReserve Bank of AustraliaAustralia
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- RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia · 9 News Australia · 72.9K
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