‘Bad sign for govt’: RBA Governor ‘won’t hesitate’ to lift rates if inflation remains sticky

Sky News political contributor Chris Uhlmann says it will be a “bad sign for government” if the Reserve Bank “lifts rates”. Reserve Bank Governor Michele Bullock has said the central bank ‘won’t hesitate’ to lift rates if needed. “If you’re the government, you’d be a bit worried … that if they’re preparing, perhaps, to lift rates if inflation proves stickier than they imagine,” Mr Uhlmann told Sky News Australia. “That’s something that they genuinely don’t want to happen for the next election. “It’s a bad sign for government.”