MNI China Daily Summary: Thursday, December 12

RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

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MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI BRIEF: Bullock To Replace Lowe As Next RBA Governor

(MNI) Sydney

Michele Bullock, deputy governor at the Reserve Bank of Australia, will become Australia’s next governor, replacing Philip Lowe when his term ends September.

Federal Treasurer Jim Chalmers and Prime Minister Anthony Albanese revealed the decision Friday morning in Canberra.

Bullock beat out two other top contenders to take the job – Department of Finance Secretary Jenny Wilkinson and Treasury Secretary Steven Kennedy. She has spent over 37 years at the RBA and was named the Reserve’s first female deputy in 2022. She will lead the RBA’s implementation of the recent review recommendations (see: MNI BRIEF: Lowe Lays Out Board Meeting Reform).

Daniel covers the Reserve Bank of Australia and the Reserve Bank of New Zealand and leads the Asia-Pacific team.
Central Bank NewsPolicy NewsHomepageBellAPACAustraliaBriefStoryRBARegion
Daniel covers the Reserve Bank of Australia and the Reserve Bank of New Zealand and leads the Asia-Pacific team.
Central Bank NewsPolicy NewsHomepageBellAPACAustraliaBriefStoryRBARegion

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