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RBA Governor Bullock says era of low interest rates is over
Original: RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia
Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, signalling that Australians should not expect a return to the cheap borrowing costs of the past decade. The comments have drawn wide attention, with households and businesses weighing what persistently higher rates mean for mortgages, savings and the broader economy.
Why now: Australian households are sensitive to interest rate outlooks amid cost-of-living and mortgage pressures.
Michele BullockReserve Bank of AustraliaAustralia
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- RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia · 9 News Australia · 74.1K
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