RBA could be cutting rates within a year as Michele Bullock takes the helm
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.
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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.
The global economy is struggling to deal with the overlap from many different
While inflation around the world is expected to have slowed last month, the market expects more tightening from central banks.
For a year, Reserve Bank of Australia Governor Philip Lowe has been talking of successfully navigating a narrow path to lower inflation while keeping unemployment near 50-year lows
The risk of Australia's economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned it could tighten again to tamp down on high inflation even at the cost of preserving jobs.