RBA’s Lowe: Closer now to estimates of neutral

Market news

8 September 2022

RBA’s Lowe: Closer now to estimates of neutral

Reserve Bank of Australia (RBA) Governor Philip Lowe is responding to the Q&A at the Anika Foundation Fundraiser on Thursday.

Key quotes

Neutral cash rate is at least 2.5%.

Closer now to estimates of neutral.

more to come ...

Market reaction

At the time of writing, AUD/USD is keeping its range at around 0.6720, as Lowe’s Q&A is underway. The spot is down 0.70% on the day.

Currencies. Daily history for Thursday, September 8, 2022

Commodities. Daily history for Wednesday, September 7, 2022

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.