RBA governor warns inflation is too high ahead of rate decision
Australian central bank governor Michele Bullock said inflation in Australia was too high ahead of the upcoming interest rate decision. The remarks precede consideration of lifting rates for the fourth time this year, signaling continued vigilance on inflation dynamics and policy path.
Key facts
- 01Michele Bullock stated that Australian inflation was too high.
- 02Her remarks came ahead of the next interest rate decision.
- 03The decision could involve lifting rates for the fourth time this year.
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- RBA governor's grim warning · The Sydney Morning Herald National
- Reserve Bank’s blunt warning just days before next interest rates decision · The Sydney Morning Herald Business