RBA Lowe: Case for slower tightening becomes stronger as rate rises

[PocketOption]

RBA Lowe: Case for slower tightening becomes stronger as rate rises

RBA Governor Philip Lowe reiterated in a speech that “further increases in interest rates will be required over the months ahead”. But policy is “not on a pre-sent path” due to uncertainties. Also, “all else equal, the case for a slower pace of increase in interest rates becomes stronger as the level of the cash […]

The post RBA Lowe: Case for slower tightening becomes stronger as rate rises appeared first on Action Forex.

Source: RBA Lowe: Case for slower tightening becomes stronger as rate rises