Ex-RBA Chief Says Inflation Data ‘Has Spoken,’ Rates on Hold
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AI-PoweredFormer RBA Governor Philip Lowe suggests the latest inflation data indicates the Reserve Bank of Australia will likely hold interest rates steady for a while. This implies a period of economic assessment before further rate adjustments.
Market impact analysis based on neutral sentiment with 90% confidence.
Article Context
Former Australia central bank Governor Philip Lowe said that inflation data this week “has spoken” and policymakers are likely to keep the cash rate unchanged for a period to assess the economy.
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