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RBA: Firms Starting to Ask If Inflation Coming Back Under 3%

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Lead development · 9/18/2026, 1:32:20 AM UTC

RBA: Firms Starting to Ask If Inflation Coming Back Under 3%

Australian businesses are starting to “bubble up” a view that elevated inflation is not coming back down below 3%, Reserve Bank of Australia Governor Michele Bullock told a parliamentary panel on Friday.

Finance · 9/18/2026, 12:00:56 AM UTC

RBA Must Judge If Rates High Enough to Cool Prices, Bullock Says

Australia’s central bank needs to decide later this month whether its benchmark interest rate is at a level sufficient to restrain price pressures and return inflation to target, Governor Michele Bullock said.