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- RBA’s Lowe: Deadly serious about getting inflation back to target
RBA’s Lowe: Deadly serious about getting inflation back to target
Reserve Bank of Australia (RBA) Governor Philip Lowe is speaking on "The Reserve Bank Review and Monetary Policy" at the Economic Society of Australia Business Lunch, in Brisbane.
Also read: RBA’s Lowe: Possible some further tightening will be required to return inflation to target
Key quotes
Deadly serious about getting inflation back to target.
Would be honoured to continue as governor if asked.
Confident that higher interest rates are working.
Have open mind on whether have to tighten more.
Market reaction
AUD/USD was last seen trading at 0.6723, adding 0.58% on a daily basis.
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