RBA’s Bullock Says Higher Unemployment Would Ease Price Pressure

Labour pains: jobs market too hot for inflation fight

Australia's labour market is still tight and the unemployment rate likely needs to go up to ease persistent pressure on inflation, Michele Bullock says.

RBA boss Bullock hints at rate rise to stop inflation spread

Reserve Bank governor Michele Bullock has warned of more pain to stop “second round” inflation effects.

RBA’s Bullock says higher unemployment would ease price pressure

The central bank chief did not reveal whether she will support an interest rate hike next week Read more at The Business Times.

Why Can’t the RBA Simply Look Through Higher Oil? Bullock Explains the Second-Round Risk - ActionForex

RBA Governor Michele Bullock said the Bank can tolerate some of the direct inflation impact from supply shocks such as higher oil prices, but cannot ignore the risk that those pressures spread through the economy and become persistent. Speaking at a CEDA fireside chat on Tuesday, Bullock said monetary policy faces a more difficult trade-off […]