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

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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
 
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