The Reserve Bank of Australia's monetary policy tightening has been steeper than its global peers, Deputy Governor Michele Bullock said Tuesday.Unlike most of the peer central banks, the RBA board makes decision 11 times a year and evaluates the situation frequently, the central banker said at an annual conference of the Australian Finance Industry Association in Sydney. Bullock pointed out that t...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.