RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

The GuardianMonday, October 27, 2025 at 2:00:10 PM
RBA governor dismisses jobs fears but hints at rates hold after inflation uptick
Michele Bullock, the governor of the Reserve Bank of Australia (RBA), has addressed concerns regarding rising joblessness, suggesting that fears may be overstated. While she acknowledges an uptick in inflation, she hints that interest rates may remain stable for now. This is significant as it reflects the RBA's cautious approach to economic stability amidst fluctuating job markets and inflation rates, impacting both consumers and businesses in Australia.
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