CBAPD News: Australia Takes Up Outlier Rate Stance, Flags Smaller Hikes - 8th Sep 2022, 4:41pm

annb0t

Top 20
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Australia’s central bank chief staked out an outlier position among G-10 currency nations, signaling a potential end to outsized interest-rate increases.

The currency sank and bonds rallied as Reserve Bank Governor Philip Lowe highlighted that policy has tightened very quickly and pointed to “lags” in its flow-through to the economy. The RBA delivered a fourth straight...

>>> Read more: Australia Takes Up Outlier Rate Stance, Flags Smaller Hikes
 
Top Bottom