RBA Gov Lowe spoke Tuesday – told analysts, markets they are wrong about rate hikes

The Governor of the Reserve Bank of Australia, Philip Lowe spoke on monetary policy yesterday. 

Financial media in Australia have a blunt recap up on Lowe’s lecture comments:

That is from the Australian Financial Review which may be gated.

Its worth a read if you can access the article, its brief and to the point, and can be summarised in Lowe’s own words:

  • “the latest data and forecasts do not warrant an increase in the cash rate in 2022”.
The Governor of the Reserve Bank of Australia, Philip Lowe spoke on monetary policy yesterday. 

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