More again from Reserve Bank of Australia Governor Lowe
- rates should at least average 2.5% over time
- will likely cycle between 2.5 and 3.5% over time
- closer to normal on rates but not there yet
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These remarks from Lowe are providing more clarity on what he sees ahead from the Reserve Bank of Australia.
Earlier:
RBA Gov. Lowe says inflation is too high
More from RBA Gov Lowe says the Bank is closer to normal setting for rates
