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Michele Bullock managing expectations about interest rates relief, flags rate hike risk
Reserve Bank governor Michele Bullock delivered a largely jargon-free performance at yesterday's press conference while warning that interest rates might still rise if inflation flares up again. Economist Warren Hogan gives Michele Bullock five stars for heralding a new era of explaining complex rate decision to mortgage-stressed borrowers.
Reporter: Peter Ryan, Senior Business Correspondent
Featured: Warren Higan, economic adviser, Judo Bank
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By Peter RyanReserve Bank governor Michele Bullock delivered a largely jargon-free performance at yesterday's press conference while warning that interest rates might still rise if inflation flares up again. Economist Warren Hogan gives Michele Bullock five stars for heralding a new era of explaining complex rate decision to mortgage-stressed borrowers.
Reporter: Peter Ryan, Senior Business Correspondent
Featured: Warren Higan, economic adviser, Judo Bank