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RBA Dep Gov Bullock says employment and economy need to grow below trend for a while

RBA Dep Gov Bullock says employment and economy need to grow below trend for a while
Reserve Bank of Australia Deputy Governor Michele Bullock speechSummary Headlines via Reuters: Employment, economy need to grow below trend for a whileEconomy would be closer to sustainable balance point with unemployment at 4.5%Australia is at or even above estimates of full employment for the first time in decadesEmployment is above what we would consider to be consistent with our inflation targetHave been willing to accept more gradual return of inflation to target than many other central ba... Read More
Posted: Jun 20 2023, 03:16
Author Name: forexlive
Views: 081112

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