RBA Lowe: We need to strike the right balance between doing too much and too little

RBA Governor Philip Lowe said in a speech that the earlier large 50bps rate hikes wereto “move interest rates quickly away from their pandemic levels to address the rapidly emerging inflation problem.” As interest rates moved back to “more normal levels”, the board judged that it’s “appropriate to move at a slower pace”, with 25bps […]

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