RBA’s Bullock Says Economy Cooling, Unsure If Rates High Enough
Australia’s central bank chief said there are signs the economy is adjusting as anticipated, though it’s still unclear if this year’s interest-rate hikes are enough to return inflation to target...
By Michael Heath · Bloomberg Markets
Australia’s central bank chief said there are signs the economy is adjusting as anticipated, though it’s still unclear if this year’s interest-rate hikes are enough to return inflation to target or whether additional tightening will be needed.