Australian economist, governor of the Reserve Bank of Australia since 2023
Oil prices are lifting inflation pressures while central banks hold rates at current levels. Recent data show jobs strength and firmer services costs, prompting caution on policy paths amid war-linked supply disruption.
The Reserve Bank of Australia has kept the cash rate unchanged amid easing inflation, with policymakers signaling vigilance on risks to inflation. Analysts expect further moves only if price pressures re-accelerate; housing market dynamics and superannuation could shape future policy.