She is chair of the rba governance, monetary policy and payments system boards and council of financial. Governor michele bullock will give an update on the bank's view shortly. She commenced as governor on 18 september 2023, and is.
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Philip lowe will leave his post as head of the reserve bank, with michele bullock promoted to the top job as the first woman to lead australia's central bank. Inflation is not yet sustainably back within the reserve bank of australia’s target band, governor michele bullock admitted at a senate estimates hearing on wednesday, with. Michele bullock (born 1962/1963) is an australian economist who is currently governor of the reserve bank of australia (rba).
Prior to her current role, ms bullock was the rba.
Michele bullock commenced as governor on 18 september 2023. Reserve bank of australia chief michele bullock has conceded higher government spending is keeping interest rates high. Rba governor michele bullock speaks after wrapping up the final rba meeting of 2025. She made the admission after the department of.
Rba governor michele bullock has admitted inflation targets have eluded her economists, while senators were left wondering when the reserve's economic experiments. Stay with us for news live from michele bullock's press conference and economist reactions to the interest rate decision. The rba has held the cash rate at 3.60%. The rba has left the cash rate on hold at 3.6 per cent, as was widely expected by economists.
She served on the reserve bank board as deputy chair from 2 april 2022 and chair from 18 september 2023 until 28 february 2025.
