More from RBA's Lowe: Rates are restrictive so we are in a calibration stage with policy

The ratings firm says GDP could be as low as 1.7% from their previous forecast of 2.2%

More from RBAs Lowe:

  • Rates are restrictive
  • We are in the calibrating stage with policy.
  • Worst is over for inflation. In reasonable place to return to target

Sound like happy to be on hold.

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