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Former RBA Governor Stevens says interest rates "will be elevated for some time"
Glenn Stevens was Reserve Bank of Australia Governor for a decade between 2006 and 2016. he spoke at gas industry annual conference."When I finished in central banking, nearly seven years ago now, inflation was too low and it was difficult to get it to go up," "Who would have thought that we now be in a world where it's too high, and I think it will be difficult to get it to come down." "I could be wrong but, if that is the case, then I think we've also transitioned from a world in which inte...
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Posted: May 16 2023, 03:46
Author Name: forexlive
Views: 110256