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RBA Governor Lowe says if inflation stays high we will feel a lot of pain

Reserve Bank of Australia Governor Lowe spoke earlier:RBA Gov Lowe: Further tightening of monetary policy may be neededFollow up Q&A now. Lowe:Its perfectly understandable for lowest paid workers to be compensated for inflationWe'll get into trouble if we accept that all workers need to be compensated for inflationIf inflation stays high we are going to feel a lot of painHasn’t been any shift in the RBA’s inflation tolerance, what has changed in recent months is the RBA's assessment of risksLowe... Read More

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Content Topics

Governor

Lowe

Says

Inflation

Stays

High

Will

Feel

Pain

Forex

Posted: Jun 7 2023, 00:12

Author Name: forexlive

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