✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #29
RBA's Bullock Says Upside Inflation Risks Are Materializing
Original: RBA’s Bullock Says Upside Inflation Risks Are Materializing
Reserve Bank of Australia Governor Michele Bullock warned that upside risks to inflation are materializing, a signal that price pressures in Australia may be strengthening rather than easing. Markets and economists read such comments as a possible indication that further interest rate hikes could be considered if inflation persists above the bank's target.
Why now: Her remarks fuel speculation about the future direction of Australian interest rates.
Michele BullockReserve Bank of Australia
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Evidence
- RBA’s Bullock Says Upside Inflation Risks Are Materializing · Bloomberg.com
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