Ivan Colhoun News Today

Outgoing governor Philip Lowe says the RBA needed more time to assess the effects of the 12 interest rate rises delivered since May 2022.

Bonjour, Michele Bullock. Along with other Aussies who need rate relief, I hope I’ll be able to sing your praises one day.

The lower-than-expected inflation reading for the June quarter has led two major bank economists to predict another hold in the RBA’s monetary policy decision in August.

The Australian and New Zealand dollars edged higher on Thursday as a well-flagged rise in U.S. rates proved anticlimactic, though policy meetings in Europe and Japan still posed risks. ...

Michele Bullock faces a slow economy and the job of overhauling the RBA when she becomes the first woman to head the bank, as economists tip rate cuts in 2024.

Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock promoted to the top job as the first woman to lead Australia's central bank.

Michele Bullock will become the first woman to lead Australia's central bank from September. Her appointment effectively sacking the outgoing president after a series of rate hikes. Ms Bullock joined the Australian Federal Reserve the following year, where she held various positions before being appointed the institution's first female deputy governor in April 2022. News of Bullock's appointment gave Australian markets a small boost on Friday, with benchmark ASX200 index rising 0.3% ...

SYDNEY: Michele Bullock will become the Reserve Bank of Australias (RBA) first woman chief in its 63-year history starting in September, the government said on Friday, effectively sacking the incumbent following a series of unpopular rate hikes.

Michele Bullock faces a slow economy and the job of overhauling the RBA when she becomes the first woman to head the bank, as economists tip rate cuts in 2024.

Michele Bullock faces a slow economy and the job of overhauling the RBA when she becomes the first woman to head the bank, as economists tip rate cuts in 2024.