RBA’s Bullock: Australian inflation path similar to overseas

Reserve Bank of Australia (RBA) Governor Michele Bullock participated in a panel discussion titled "Inflation, Financial Stability and Employment" at the Hong Kong Monetary Authority and Bank for International Settlements High-Level Conference, in Hong Kong, on Tuesday.

Key quotes

The central bank has to be a "little bit careful" with using rates to bring down inflation without lifting unemployment.

High employment helps people to pay their more expensive mortgages.

Australia's inflation path is similar to overseas.