RBA Gov Lowe speaking again this morning
- says its plausible interest rates will increase this year
- still expects wage growth to increase only gradually
- it would be prudent for borrowers to plan for an increase in rates
Lowe spoke earlier this week also:
- RBA Governor Lowe says its plausible the cash rate will rise later this year
- RBA Gov. Lowe says not clear high CPI will be sustained, still need wage growth above 3%
- RBA Governor Lowe spoke earlier today ... edging more hawkish (or at least less dovish)
