• RBA Governor Lowe: No strong case for a near term interest rate move

Market news

8 August 2018

RBA Governor Lowe: No strong case for a near term interest rate move

  • Escalation of trade war could be damaging for the global economy

  • Says RBA does not target house prices but a period of moderation is needed

  • Most likely economy continue on current track

  • Hope I can raise interest rates at some point in my term

  • Not looking to review the inflation target any time soon

  • Confident will get back to 2.5% inflation, will take time

*via forexlive
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