Bullock Sounds Alarm on Interest Rate Hikes
RBA Governor Michele Bullock has issued a warning to Australians ahead of the next interest rate decision. The warning comes as many are expecting an increase in rates, but Bullock's comments suggest that the central bank may not be done yet.
The Governor said nothing about specific numbers or targets, but emphasized the need for caution and vigilance. She warned that millions of Australians would be affected by any further rate hikes.