Reserve Bank says unemployment rise was not a shock, inflation on track
- Written by John Hawkins, Head, Canberra School of Government, University of Canberra
Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.
In a speech today to the Anika Foundation, Bullock said there has been:
meaningful progress in bringing inflation down.
But the Reserve Bank is waiting for confirmation that underlying...
Read more: Reserve Bank says unemployment rise was not a shock, inflation on track
