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The New Daily
The New Daily
Business
Matthew Elmas

‘Deadly serious’: Why Philip Lowe thinks interest rates could rise again amid inflation fears

Reserve Bank hikes rates to 3.85 per cent 10 News First – Disclaimer

RBA governor Philip Lowe is “deadly serious” about bringing inflation down and says even higher interest rates may be needed to achieve it.

Speaking in Perth on Tuesday night, Dr Lowe said that while headline inflation is falling, the battle to ensure that continues is not over.

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