RBA's Bullock ties inflation relief to a higher unemployment rate

Bloomberg · 3 hours ago
  • Bullock linked further disinflation to a rise in Australia's unemployment rate, framing labor-market slack as the channel for easing price pressure.
  • The RBA governor did not disclose her vote ahead of next week's policy meeting, leaving the near-term rate decision open.

Quotes

a higher unemployment rate would help loosen the labor market and ease inflationary pressuresMichele Bullock

Sources