Reserve Bank of Australia governor Michele Bullock.
The past week has seen the RBA’s policy setting board unanimously vote to leave official interest rates on hold at 3.60 per cent, and publish upwardly revised forecasts for inflation that suggest price pressures will remain more than a little unsettling for the central bank well into next year.
The unforeseen jump in inflation in the third quarter has forced the RBA to reemphasise the fact that it is again nervously watching incoming data, and little else.
Continue Reading on The Australian
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.