Philip Lowe warns RBA must use 'tool it has' to get inflation under control, and that may mean more rate rises
ABC NEWS (Australia)
2023-06-07
Views 296
The reserve bank governor Phillip Lowe has defended delivering 12 rate rises in just over a year, saying they are necessary to curb inflation. The RBA increased the official cash rate by another quarter of a percentage point yesterday to 4.1%, the highest level in more than a decade.
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