RBA’s Bullock: Inflation increasingly domestic and lengthy to control

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<p>RBA Governor Michele Bullock, in a speech, emphasized the changing nature of the inflation challenge facing Australia, noting its increasing shift towards being “homegrown and demand driven.” This distinction is crucial as it significantly influences the central bank’s policy response. Bullock differentiated between inflation driven by global supply disruptions, over which monetary policy has limited […]</p>
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