RBA Governor Bullock: Upside inflation risks materializing
RBA Gov. Michele Bullock said inflation remains “too high” and that recent developments suggest “some upside risks to inflation appear to be materializing.”
Reserve Bank of Australia Gov. Michele Bullock said Friday that the central bank’s concerns about persistent inflation are materializing. She said inflation remains "too high" and that recent developments suggest "some upside risks to inflation appear to be materializing," Bullock said.