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Michele Bullock can be said to be in danger when the central bank continues to raise interest rates and scold

author:MichaelZ6999

Michele Bullock can be said to have been ordered when the central bank is constantly raising interest rates and scolding. As the current deputy governor of the central bank, she has spent most of her career at the central bank.

The reporter interviewed three famous Australian economists to understand their views.

Interestingly, experts with similar practical work experience agree that external selection is conducive to breaking the barriers of thinking patterns and avoiding falling into the trap of the inherent corporate culture; Professors who are good at classroom theory appreciate hands-on experience.

Independent economist Nicki Hutley told ABC News that while a move from a deputy governor to the top job was common at the RBA, it was perhaps surprising given the criticism of the central bank's inner workings at the time of the assessment.

Peter Tulip, the current chief economist at the Centre for Independent Studies think tank and a former senior economist at the RBA, said he wanted to appoint someone from outside the bank and questioned whether the woman would be the best person to reform the bank.

"If you want to make a significant change to the RBA's culture in the way the review panel recommends, it doesn't seem like a natural choice for people who thrive under the old culture to implement this agenda."

Richard Holden, an economics professor at the University of New South Wales, said Michele Bullock was "a very good appointment" and was "widely respected" both inside and outside the RBA.

"She has been with the RBA for almost 40 years and has extensive experience and knowledge of the organisation."

Quantifying experience and knowledge looks at the ability to solve real problems.

Whether the new governor is competent or not is different from experts; The public thinks are simple and their expectations are simple. As long as the mortgage interest rate does not rise but falls, he is a competent president.

Michele Bullock can be said to be in danger when the central bank continues to raise interest rates and scold
Michele Bullock can be said to be in danger when the central bank continues to raise interest rates and scold
Michele Bullock can be said to be in danger when the central bank continues to raise interest rates and scold

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