RBA’s Lowe: Could return to 50 bp moves or keep rates unchanged for a time
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Reserve Bank of Australia (RBA) is delivering a speech titled “Price Stability, the Supply Side, and Prosperity” at the Annual Committee for Economic Development of Australia Dinner this Tuesday.
AUD/USD is moving a few pips away from the intraday highs of 0.6636 on the above comments from RBA Chief Lowe. The pair is currently trading at 0.6623, up 0.29% on the day.
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