RBA’s Bullock says central banks are ready to ‘take action’

Bullock outlined what policymakers have learnt since the financial crisis

Central banks are more likely to take action if risks appear to be building than they were before the global financial crisis, an assistant governor at the Reserve Bank of Australia has said.

Speaking on March 14, Michele Bullock discussed whether policymakers look at financial stability differently following the global financial crisis.

Bullock said that prior to the financial crisis there was a “school of thought” which maintained that since asset bubbles could not be detected in advance, it

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: