RBA Governor Warns Against Premature Interest Rate Cuts 📉
RBA Governor Michele Bullock emphasizes the need to keep interest rates high to control inflation, signaling that a rate cut is unlikely anytime soon. Learn what this means for the economy and your finances.
ABC NEWS (Australia)
1.0K views • Sep 5, 2024
About this video
The Reserve Bank governor has told a gathering in Sydney the central bank won't tolerate elevated inflation for ever. But while Michele Bullock is aware that cost of living pressures is hurting some households badly she says a cut to the cash rate is still not yet on the cards.
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Views
1.0K
Duration
2:04
Published
Sep 5, 2024
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