Bullock
Bullock is an influential figure in the Australian economic landscape, serving as a prominent member of the Reserve Bank of Australia (RBA). Recently in the news for discussing the complexities of the Australian jobs market and its unexpected resilience amid rate cuts, Bullock highlighted the challenges faced by the RBA in balancing unemployment rates and inflation targets. Her insights reflect a keen understanding of the economic indicators that are currently perplexing economists and policymakers alike.
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Australia:
Bullock argued that bank staff do 'lots of speeches' to explain the Reserve’s thinking.
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Australia:
Bullock pushed back against suggestions regarding the Reserve Bank's interest rate decisions.
5
Australia:
In May, Bullock said there was nothing the Reserve Bank could do about the affordability of housing.
5
Australia:
Bullock said she was pleasantly surprised at how unemployment remains low while inflation is falling.
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