RBA’s Lowe: Want to see inflation above 2% for number of quarters

Commenting on the inflation outlook, the RBA Governor Phillip Lowe said that he “wants to see inflation above 2% for a number of quarters.”

The central bank “needs to see wage growth sustainably above 3%,” Lowe added.

more to come ...

Jul 6, 2021

RBA’s Lowe: The condition for an increase in the cash rate depends upon the data, not the date

RBA’s Lowe: The condition for an increase in the cash rate depends upon the data, not the date more to come ..

Here is what you need to know on Tuesday, July 6: The US dollar remains on the back foot as Americans return from a long weekend and ahead of the ISM