RBA Governor Lowe spoke earlier today ... edging more hawkish (or at least less dovish)

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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%

Australia's largest fund manager AMP says (via tweet from Dr Shane Oliver Head of Investment Strategy and Economics and Chief Economist)

• The RBA looks to be getting closer to raising rates & is now even starting to stress the importance of keeping inflation low & stable and its inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term fighting commitment.
• While its still vague on timing we see the first rate hike as being in June & expect more hawkish signals ahead

Goldman Sachs

• says there is a "hawkish pivot" by Low
• and that low, stable inflation expectations "as a precondition for sustained low employment" are going to more difficult to achieve with the rise in price for rising oil and food

Yesterday NAB dragged forward its rate hike lift off expectation:

• AUD - NAB forecast the RBA will hike in August 2022 (15bps only)

WPAC is at August also

Lowe and dep gov Debelle. Debelle is speaking later.

Preview is here:

The governor and deputy governor of the RBA are both speaking on Wednesday