-
Lowe: Opening Statement to the House of Representatives Standing Committee on Economics
The RBA’s main focus over the past year or so has been to get on top of the highest inflation rate in more than 30 years. We have made progress here and things are moving in the right direction, but it is too early to declare victory. At the previous hearing, I spoke about why it was so important that inflation returns to target and that we ensure this episode of high inflation is only temporary. I would like to reinforce that message today. High inflation is corrosive to the healthy functioning of the economy and it makes life more difficult for everybody, especially those on low incomes. It increases income ... (full story)
-
RBA'S GOV. LOWE: ADDITIONAL TIGHTENING OF MONETARY POLICY MAY BE REQUIRED TO GUARANTEE THAT INFLATION RETURNS TO TARGET WITHIN A REASONABLE TIME FRAME.
— Breaking Market News (@financialjuice) August 10, 2023
-
RBA’s Lowe: Things Central Forecast Is For #CPI #Inflation To Be Around 3.25% By End-2024, Back Within 2% – 3% Target Range By Late-2025
— LiveSquawk (@LiveSquawk) August 10, 2023
- Central Scenario Sees Subdued Economic Growth For Rest Of 2023 Before Gradually Picking Up To Around 2.25% By End-2025
-
RBA'S LOWE: WE EXPECT EMPLOYMENT TO CONTINUE TO GROW, BUT BELOW THE RATE OF GROWTH IN THE LABOUR FORCE #News #Markets #RBA #live
— Capital Hungry (@Capital_Hungry) August 10, 2023
-
RBA'S GOV. LOWE: THINGS ARE IMPROVING, BUT IT IS TOO EARLY TO DECLARE VICTORY OVER INFLATION.
— Breaking Market News (@financialjuice) August 10, 2023