RBA’s Lowe Pushes Back Against Market, Rates Firm Until 2024 By Bloomberg
(Bloomberg) -- Reserve Bank of Australia chief Philip Lowe pushed back against bond markets pricing in an earlier tightening of monetary policy, reiterating that interest rates are unlikely to rise until at least 2024 as inflation is a long way from target “Over the past couple of weeks market pricing has implied an expectation of possible increases in the cash rate as early...
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