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RBA Governor Bullock says era of low interest rates is over
Original: 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 Australians not to expect a return to the ultra-cheap borrowing costs of the past decade. The comments drew wide attention as households and businesses continue to grapple with elevated mortgage repayments, with borrowers and economists weighing what the message means for future rate expectations.
Why now: Australians are sensitive to interest rate signals amid ongoing cost-of-living and mortgage pressure.
Michele BullockReserve Bank of AustraliaAustralia
Evidence
- RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia · 9 News Australia · 73.4K
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