More from RBA’s Bullock – monetary policy is restrictive

Reserve Bank of Australia Governor Bullock is be speaking as part of a panel on “Inflation, Financial Stability and Employment”. Also on the panel are Bank of England Deputy Governor Ramsden and Bank of Spain´s governor / ECB monetary policy maker de Cos.


RBA Governor Bullock’s uncertainty on inflation and interest rates

Bank of England’s Ramsden monetary policy to be restrictive for an extended period of time

More from Bullock, who is displaying a hawkish bias:

  • monetary policy is restrictive
  • rate hikes are dampening demand
  • but demand being propped up by immigration, this has contributed to second round effects of cost rises
  • sticky services inflation
Reserve Bank of Australia Governor Bullock RBA 23 October 2023

This article was written by Eamonn Sheridan at Source