RBA Governor Lowe will face a hearing in the Australian Parliament on Friday September 16

Reserve Bank of Australia Governor Lowe testifies before a parliamentary committee today.

Lowe appears before the Committee twice a year. He presents prepared comments, then faces a lengthy question-and-answer period.

His previous appearance was back in February this year. Much has changed since then, with a new government elected in Australia and the start of the RBA rate hike cycle among them.

Stay tuned to Lowe’s words – he is very unlikely to deviate from his previously indicated path to rein in inflation via further rate hikes. But, we can get an idea of ​​the magnitude of the rate cuts to come. They’ve been 50bp each time in the last few meetings and going back to 25bp is a real possibility from the October meeting (that’s the next meeting, the 4th).


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