The Latest Breaking News from Michele Bullock

RBA ‘will not hesitate’ to raise interest rates again to combat inflation, Michele Bullock warns

Reserve Bank governor says there is ‘considerable uncertainty’ over Australia’s economic future and the board ‘remains vigilant’

The Guardian - AU · Aug 8, 2024

RBA governor pours cold water on talk of early rate cut

The central bank says inflation remains too high and warned it could hike again, keeping the spotlight on government efforts to fight inflation.

AAP · Aug 7, 2024

Commonwealth Bank still predicts interest rate cut in 2024 as RBA defends keeping cash rate on hold

Reserve Bank’s chief economist says it is ‘difficult’ to hear the stories of those who ‘are struggling’

The Guardian - AU · Aug 7, 2024

There’s a huge amount riding on the latest inflation figures. Here’s why

The big four banks predict interest rates to be cut, but the RBA may have other ideas

The Guardian - AU · Jul 29, 2024

Grattan on Friday: Eyes are on Sunday’s reshuffle but government’s fears are about Wednesday’s inflation number

After Thursday’s announcement that cabinet ministers Linda Burney and Brendan O'Connor were stepping down from the frontbench, all public attention came on to the reshuffle to be unveiled on Sunday.

The Conversation · Jul 25, 2024

Households are hurting. Savings are weak. The future’s uncertain. Is a rate cut near?

While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling

The Guardian - AU · Jun 19, 2024

Aust shares edge lower following RBA rate call hangover

The ASX200 has closed 0.1 per cent lower as markets reflect on a hawkish undertone in the Reserve Bank's interest-rate decision.

AAP · Jun 19, 2024

Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high

These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting.

The Conversation · Jun 19, 2024

Inflation-wary Reserve Bank spells long wait for cuts

Stalling progress on inflation has the central bank on high alert as political sparring continues over the impact of state and federal budgets on prices.

AAP · Jun 18, 2024

What’s next for interest rates? Even RBA governor Michele Bullock admits she doesn’t know

The central bank’s latest statement has some wondering if another rate rise is on the cards – but Bullock says the situation is ‘complex’

The Guardian - AU · Jun 18, 2024