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Michele Bullock
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- 1RBA Governor Michele Bullock says era of low interest rates is over●RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia
Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, warning that borrowers should not expect a return to the cheap-money conditions of the past decade. Her remarks signal the central bank expects rates to stay structurally higher, a message with major implications for Australian mortgages, business borrowing and household budgets.
- 2RBA Governor Michele Bullock Signals Rate Rise Aiming at 5% Job Loss●RBA Rate Rise: Michele Bullock Targets 5% Job Loss
Reserve Bank of Australia governor Michele Bullock is at the centre of coverage linking further interest rate rises to an unemployment target of around 5%. Commentators are debating what that level of job losses would mean for Australian households and the economy, with criticism of the central bank's willingness to accept higher unemployment to bring inflation down.