MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »RBA’s Lowe softens rate outlook, acknowledges faster inflation
Bloomberg Australia’s central bank chief Philip Lowe opened the door to an interest-rate increase before 2024 as policy makers acknowledged quicker consumer-price gains last quarter had altered the inflation picture. Lowe said in a speech Tuesday that a rate hike in 2024 was “still plausible,†while adding that a quicker return to the bank’s inflation target could make the case ...
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