The Reserve Bank governor’s comments show she’s in no hurry to bring relief to borrowersGet our breaking news email, free app or daily news podcastForget about the Reserve Bank cutting interest rates by Christmas – and you can probably douse your hopes for a pre-Easter reduction too.Reserve Bank governor Michele Bullock made it clear after her board ended its two-day gathering on Tuesday by leaving the cash rate where it’s sat for the past year that she’s in no hurry to bring relief to borrowers.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/nov/05/bullock-is-sending-a-message-to-politicians-rate-cuts-or-big-spending-promises-you-can-only-have-one
Author : Peter Hannam
Publish date : 2024-11-05 08:05:01
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Bullock is sending a message to politicians: rate cuts or big spending promises – you can only have one
