Reserve Bank of Australia governor Michele Bullock has injected a “breath of fresh air” at the top of the central bank, but her first year at the helm has brought missteps that detract from her otherwise confident handling of monetary policy, economists say.
Respondents surveyed by The Australian Financial Review said while Ms Bullock had been more transparent than her predecessor Philip Lowe – helped by the introduction of press conferences after every rate decision – there were “inconsistencies” apparent in the governor’s communication.
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Cécile Lefort is a markets reporter based in the Sydney newsroom. Cécile worked in New York and Hong Kong writing about global capital markets. Email Cecile at cecile.lefort@afr.com
Sarah Jones is the Financial Review’s markets editor based in the Sydney newsroom. She has covered financial markets, economics and asset management for more than two decades including 12 years for Bloomberg in London. Connect with Sarah on Twitter. Email Sarah at sa.jones@afr.com
