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Reserve Bank of Australia Considers Energy Prices Main Concern for Monetary Policy

Reserve Bank of Australia Considers Energy Prices Main Concern for Monetary Policy
A power plug is placed into a power socket in Melbourne, Australia, on Oct. 22, 2012. Quinn Rooney/Getty Images
Alfred Bui
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The Reserve Bank of Australia (RBA) has singled out volatile energy prices as an uncertain factor making it more challenging for the bank to navigate the current complicated economic climate.

Speaking at the ABE Annual Dinner on Nov. 9, RBA Deputy Governor Michele Bullock said the energy situation in Europe was full of uncertainty.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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