• RBA’s Bullock: We would have paused on rates even without global banking stress

Market news

12 April 2023

RBA’s Bullock: We would have paused on rates even without global banking stress

Reserve Bank of Australia (RBA) Deputy Governor, Michele Bullock, is participating in a panel discussion titled "Monetary policy since the pandemic: What lessons have we learned?" at the Western Economic Association International Conference, in Melbourne.

Key quotes

We would have paused on rates even without global banking stress.

Rates are in restrictive territory, we can stop for a minute and watch.

Want to get inflation down and keep progress made on employment.

No sign domestic banks are tightening lending due to global stress.

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