Bullock on Middle East Conflict: Oil Prices, Inflation, and Aussie Petrol
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Reserve Bank governor Michele Bullock discusses the potential economic impact of the Middle East conflict, warning of possible petrol price increases and shifts in inflation expectations. Meanwhile, assistant governor Sarah Hunter defends the banks gradual interest rate hikes to combat inflation without causing unemployment spikes. Australias GDP data is set to be released, providing new insights into the economys health.
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