RBA’s Lowe: CPI data in line with our expectations

Comments crossing the wires from the Reserve Bank of Australia (RBA) Governor Lowe again, as he responds to the Q&A session, following his earlier speech.

Key Headlines:

CPI data in line with our expectations

Bank liaison suggests current slow rate of wages growth to remain for a while

Would not want to see labour share of national income decline any further

China securities regulator: Will steadily expand opening of capital markets

The China Securities Regulatory Commissions (CSRC) said on Wednesday that it will regulate and expand access to capital markets for all types of inves
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RBA’s Lowe: Weak wage expectations are dragging on consumption

More comments flowing in from the RBA Governor Lowe are as under: Average wage growth of 2% will struggle to generate CPI at 2.5% Higher power price
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