RBA’s Lowe: Too early to declare victory in the battle against inflation

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“Too early to declare victory in the battle against inflation,” said Reserve Bank of Australia (RBA) Governor Philip Lowe while speaking at the Morgan Stanley Australia Summit early Wednesday in Asia.

Despite showing little reaction to the news, AUD/USD stays firmer at the highest levels in three weeks by keeping the post-RBA rally during a five-day uptrend.

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