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More Lowe: To get inflation to target in 2024 would require substantially higher rates...

More from RBAs Lowe:To get inflation to target in 2024 would require substantially higher rates and not be in the national interest.The RBA has kept the rate steady at 4.10% for two consecutive meetings including more recently on August 1. The last time the central bank changed policy was on June 6 when they raised rates from 3.85% to 4.10%.The AUDUSD is not impacted by the comments as the AUDUSD remains in a 9 pip trading range for the day. It is not alone:EURUSD 10 pipsGBPUSD 13 pipsUSDJPY 23... Read More

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Lowe

Inflation

Target

2024

Would

Require

Substantially

Higher

Rates

Forex

Posted: Aug 11 2023, 00:44

Author Name: forexlive

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