Reserve Bank of Australia governor expects inflation to hit 7% by end of year - The Guardian

Philip Lowe says he is confident inflation can be brought back to 2-3% target range ‘but it’s going to take time’

The Reserve Bank governor, Philip Lowe, has warned Australians to be prepared for higher interest rates, saying inflation will likely reach 7% by the end of the year and it must be brought under cont… [+2540 chars]

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