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RBA governor Bullock warns rates could rise again if needed
Original: RBA governor Bullock reaffirms that the central bank will raise interest rates again if needed
Reserve Bank of Australia governor Michele Bullock has reaffirmed that the central bank is prepared to raise interest rates again if inflation requires it. The statement signals no shift in the bank's tightening stance, keeping alive the possibility of further increases and drawing attention from markets and households watching borrowing costs.
Why now: The RBA's signal that further rate hikes remain on the table matters to borrowers, markets and anyone tracking Australia's inflation outlook.
Michele BullockReserve Bank of Australia
Evidence
- RBA governor Bullock reaffirms that the central bank will raise interest rates again if needed · investingLive
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