Australia names first woman to Lead Central Bank

Australia names first woman to Lead Central Bank: Michele Bullock becomes the first woman to lead Australia’s Central Bank since it was founded in 1960.

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She will succeed Philip Lowe, who is coming to the end of a seven-year term as governor of the Reserve Bank of Australia (RBA). Her appointment comes as the country has been battling rising prices and the RBA is facing a major shakeup.

She is currently the RBA’s deputy governor and is due to start her seven-year term as governor on Sept 18, 2023.