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RBA Gov. Lowe says demand is too strong relative to supply

RBA Gov. Lowe says demand is too strong relative to supply

From Reserve Bank of Australia Governor Lowe, his appearance before the Australian parliament's Senate Economics Legislation Committee (Additional Budget Estimates).

  • Worries about housing supply as population grows
  • Expect to see rising rental pressure over next year
  • Demand too strong relative to supply
  • Unsure about labor market, price response to supply shock
  • Fiscal policy has no discernible impact on monetary policy
  • Wage growth is consisten... Read More
Posted: Nov 27 2022, 23:24
Author Name: forexlive
Views: 101932

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