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RBA Governor Michele Bullock Signals Rate Rise Aiming at 5% Job Loss
Original: 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.
Why now: Fresh comments from the RBA governor about accepting a rise in unemployment have reignited debate over interest rate policy in Australia.
Michele BullockReserve Bank of AustraliaAustralia
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- RBA Rate Rise: Michele Bullock Targets 5% Job Loss · One News Australia
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