Governor Michele Bullock has improved communication and openness at the Reserve Bank of Australia at a time when it is facing more scrutiny and political pressure than ever.
Her plain-spoken commentary about the economy and the damage caused by inflation has reassured Australians that the RBA is taking tough but independent decisions on interest rates to bring prices under control again.
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The Australian Financial Review's succinct take on the principles at stake in major domestic and global stories - and what policy makers should do about them.
