RBA Gov. Lowe says not at the peak for rates yet, unsure how high they go

Reserve Bank of Australia Governor Lowe is giving testimony in parliament.

Earlier:

• RBA Gov Lowe - says inflation is way too high
• RBA Gov Lowe says there is a risk the Bank has not yet raised interest rates enough

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The RBA current cash rate vs. the current inflation rate:

The bandwagon for higher cash rate calls is rolling:

• TD have ramped their RBA terminal rate forecast much higher: 4.35% (prior 3.85%)