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Reserve Bank governor rules out interest rate hikes until wages rise

The Reserve Bank governor has dismissed any chance of a rate hike any time soon, after a week of financial turmoil sparked by fears of rapidly rising inflation and interest rates in the United States.

Reserve Bank governor rules out interest rate hikes until wages rise
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  • Shared by ABC Online.
  • February 09, 2018
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Philip Lowe said the recent market volatility would not have any impact on the growth outlook for Australia, which remains at "a bit above 3 per cent over the next couple of years".

Read the full article on ABC Online.

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