• 11/29/2024

RBA’s Lowe Says Rate Hike Reflected Deteriorating Inflation Outlook

Wall Street Journal

The Gov. of the Reserve Bank of Australia, Philip Lowe, warned that there are no guarantees around the central bank’s narrative of moving to lower inflation over a long time frame while simultaneously seeking to preserve recent strong gains in employment.

https://www.wsj.com/articles/rbas-lowe-says-rate-hike-reflected-deteriorating-inflation-outlook-aad89bed