Forex

RBA's Bullock: Inflation has surprised on the upside


2025-12-02 22:11:00

Maybe it’s time to start pricing in rate hikes in 2026. Here are some comments from Bullock:

  • Inflation has surprised on the upside
  • Output gap has probably closed, but it is uncertain
  • We are likely already at the potential growth limit
  • Labour market still a bit tight

These are some of the most-hawkish central bank comments you will hear anywhere, with the exception of Japan, which could hike this month.

This article was written by Adam Button at investinglive.com.

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