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Lowe Continues To Play Down Chances Of '22 Rate Hike

RBA

RBA Governor Lowe points to a very low probability (close to 0%) of meeting the RBA's inflation target with the required wage growth levels. Note this came after he was questioned about market pricing of RBA rate hikes.

  • Lowe also reiterated previous communqiue, noting that the Bank will not lift the cash rate to control house prices.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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