2026-10-05 · ABC News (AU)
🔮 Last week, Reserve Bank governor Michele Bullock batted away the idea that a recession was inevitable but finally conceded that unless inflation was brought to heel in a timely manner, it was a possibility.
"If we don't address this, inflation will get worse, and interest rates will have to be higher, and the economy in a worse position in order to address that,"she said. assertive