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RBA Gov Lowe says there is a big divergence between the Bank and market expectations

  • Says there is a big deviation between what the Bank expects to do and what the market expects
Eamonn Sheridan
11/02/2022 | 00:49 GMT

More from Reserve Bank of Australia Governor Lowe. That comment is notable indeed. Lowe pushing back against market expectations of nearer term tightening. Lowe has said over and over the Bank will be patient. He is not necessarily right of course but he's sticking to it for now.

Earlier:

RBA Gov Lowe says its OK to run the risk of above 3% inflation

  • RBA Governor Lowe testimony - full text

Summary headlines of Lowe's opening statement

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