The Korea Herald

RBA governor says an interest rate cut would be premature

By ABC NEWS (Australia)

Published : Sept. 5, 2024 - 18:22

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The Reserve Bank governor has told a gathering in Sydney the central bank won't tolerate elevated inflation for ever. But while Michele Bullock is aware that cost of living pressures is hurting some households badly she says a cut to the cash rate is still not yet on the cards.