Ex-RBA Chief Says Inflation Data ‘Has Spoken,’ Rates on Hold

Former Australia central bank Governor Philip Lowe said that inflation data this week “has spoken” and policymakers are likely to keep the cash rate unchanged for a period to assess...

By Haslinda Amin, Michael Heath · Bloomberg Markets

Former Australia central bank Governor Philip Lowe said that inflation data this week “has spoken” and policymakers are likely to keep the cash rate unchanged for a period to assess the economy.