‘We’ll do what’s necessary’: RBA’s Lowe flags 7 per cent inflation, more rate hikes - Sydney Morning Herald

Reserve Bank Governor Philip Lowe said in a rare interview that he expected inflation to exceed expectations, warning home buyers to brace for higher interest rates.

At each of our meetings well be deciding how fast we need to go and indeed, how far we need to go, he said. The RBA had spent a lot of time looking at data to see how households were coping with the… [+1791 chars]

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