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- RBA's Lowe says "more likely" next move in rates is up rather than down. AUD/USD rally
RBA's Lowe says "more likely" next move in rates is up rather than down. AUD/USD rally
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Board paying more attention to weak growth in wages, household incomes
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This means that a continuation of accommodative monetary policy is appropriate
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But still short of full employment, inflation to remain below average for some time yet
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More confident that economy will pick up as expected, weakening case for lower rates
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Household consumption held back by weak income growth, high debt
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Gentle upswing in business investment underway, forward indicators suggest will
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