RBA Gov Lowe says cash rate should at least average 2.5% over time

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RBA Gov Lowe says cash rate should at least average 2.5% over time

<p>More again from Reserve Bank of Australia Governor Lowe </p><ul><li>rates should at least average 2.5% over time</li><li>will likely cycle between 2.5 and 3.5% over time</li><li>closer to normal on rates but not there yet</li></ul><p>----</p><p>These remarks from Lowe are providing more clarity on what he sees ahead from the Reserve Bank of Australia. </p><p>Earlier:</p><p><a href="https://www.forexlive.com/centralbank/rba-gov-lowe-says-inflation-is-too-high-20220915/" target="_blank" data-article-link="true">RBA Gov. Lowe says inflation is too high</a></p><p><a href="https://www.forexlive.com/centralbank/more-from-rba-gov-lowe-says-the-bak-is-closer-to-normal-setting-for-rates-20220916/" target="_blank" data-article-link="true">More from RBA Gov Lowe says the Bank is closer to normal setting for rates</a></p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: RBA Gov Lowe says cash rate should at least average 2.5% over time

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