RBA’s Lowe warns higher inflation ahead
Reserve Bank governor Philip Lowe has warned higher rates of inflation are ahead, signally he will be keeping watch on data results in coming months.
Reserve Bank governor Philip Lowe has warned higher rates of inflation are ahead, signally he will be keeping watch on data results in coming months.
The Reserve Bank of Australia minutes from its March 1 board meeting show there is uncertainty how inflation will evolve in the face of the Ukrainian war.
Economists are upgrading their growth forecasts for Wednesday's national accounts after an expected drag from exports proved smaller than expected.
Reserve Bank governor Philip Lowe has again put stronger wages growth as a key element before raising the cash rate.
Reserve Bank governor Philip Lowe said a cash rate rise is "plausible" later this year but he is surprised by the multiple moves priced in financial markets.
The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.
More Australian workers are quitting their jobs for better-paid ones, and the Reserve Bank of Australia has noticed professionals are leading the charge.