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The Guardian - AU

National

Peter Hannam

When Michele Bullock tells us she’s not for turning in fighting inflation we should believe her

Michele Bullock Inflation RBA Saul Eslake Australia Economy Reserve Bank

Michele Bullock — Reserve Bank governor Michele Bullock says Australia is on a ‘narrow path’ of slowing demand while maintaining high employment, on the release of March GDP figures. Photograph: Mike Bowers/The Guardian

The Reserve Bank governor, Michele Bullock, tells us she’s not for turning in the fight against inflation – but nor is she keen to pulverise what remains of growth in the Australian economy.

We should take her at her word.

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