RBA Governor Bullock warns aggressive rate hikes needed to combat entrenched inflation
Reserve Bank Governor Michele Bullock told a closed Sydney conference October 8-9 that more aggressive interest rate rises may be needed to prevent inflation from becoming entrenched in the economy. The RBA raised rates to a 15-year high of 4.6 percent the week prior. Bullock warned that gradual disinflation risks embedding inflation in expectations while rapid tightening weakens near-term demand.
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Published 16 Oct 2026, 06:36 UTC · Updated 16 Oct 2026, 06:40 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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