Reserve Bank of Australia Gov. Philip Lowe said he expects the current perfect storm of inflationary forces to moderate over the next 18 months, and that the central bank will only raise interest rates when it is confident that inflation won’t slip again.
Reserve Bank of Australia Gov. Philip Lowe said he expects the current perfect storm of inflationary forces to moderate over the next 18 months, and that the central bank will only raise interest rates when it is confident that inflation won’t slip again.