RBA's Bullock: Climate change likely to lead to more volatile inflation outcomes

  • Remarks by incoming RBA governor, Michelle Bullock
  • Impact of climate change on neutral interest rate is not clear cut
  • Could put both upward and downward pressure on the neutral rate

She's mostly just commenting on climate change, which is the main topic she is speaking about right now. There isn't anything much that pertains to existing policy settings. The full speech can be found here.

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