Heurist Finance

RBA firms question inflation returning below 3%

Bloomberg · 9 hours ago
RBA firms question inflation returning below 3%
  • RBA Governor Michele Bullock said Australian businesses are starting to “bubble up” a view that elevated inflation is not coming back down below 3%.
  • Bullock made the comments to a parliamentary panel on Friday.

Quotes

“Australian businesses are starting to “bubble up” a view that elevated inflation is not coming back down below 3%”— Michele Bullock

Sources