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RBA Gov Lowe says risk if sticky inflation materialises would need tighter policy

Reserve Bank of Australia Governor Lowe in his final public speech as Governor. Deputy Governor Bullock takes over as the new head of the Bank on September 18. The title of Lowe's speech today is "Some closing remarks". If you would like to listen live, the link is here. My recent focus is risk wages, profits run ahead of rates consistent with return to inflation targetIf this risk materialised and inflation became sticky, would require tighter monetary policyWill be difficult to return to the... Read More

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Lowe

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Sticky

Inflation

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Tighter

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Posted: Sep 7 2023, 03:06

Author Name: forexlive

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