Lowe warns RBA won't hesitate to raise interest rates if necessary

Name: Lowe warns RBA won't hesitate to raise interest rates if necessary
Uploaded: 2022-11-01T22:58:19+00:00
Duration: 3 min 57 s
Channel: ABC NEWS (Australia)
Description: Interest rates are set to keep rising after the Reserve Bank governor warned Australians that runaway inflation is now expected to blow past earlier dire expectations. The cash rate was lifted to 2.85 per cent yesterday.

ABC NEWS (Australia)

Interest rates are set to keep rising after the Reserve Bank governor warned Australians that runaway inflation is now expected to blow past earlier dire expectations. The cash rate was lifted to 2.85 per cent yesterday.

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