Reserve Bank of Australia Governor Glenn Stevens: the RBA will not change its inflation target

Market news

24 May 2016

Reserve Bank of Australia Governor Glenn Stevens: the RBA will not change its inflation target

The Reserve Bank of Australia (RBA) Governor Glenn Stevens said on Tuesday that the central bank would not change its inflation target. He noted that he was confident inflation would rise but it would take more time.

"I think it will work out in time and it will take some time," he said.

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