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Month: November 2021

Australia central banker says rates could stay low until ’24

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s central bank governor says the nation’s benchmark interest rate could remain at a record low until 2024 despite pandemic-induced inflation. Philip Lowe told a Sydney forum of economists the Reserve Bank of Australia board does not plan to lift the cash rate until inflation settles

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Australia central banker says rates could stay low until ’24

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s central bank governor says the nation’s benchmark interest rate could remain at a record low until 2024 despite pandemic-induced inflation. Philip Lowe told a Sydney forum of economists the Reserve Bank of Australia board does not plan to lift the cash rate until inflation settles

Continue Reading