Six key points from Lowe’s statement and exactly what they mean

RBA governor Philip Lowe released a “hawkish” statement on Tuesday.

RBA governor Philip Lowe released a “hawkish” statement on Tuesday.Marija Ercegovac

Reserve Bank governor Philip Lowe has unleashed theninth consecutive interest rate increaseand warned that the central bank is not done yet.

We’ve highlighted six key phrases from Lowe’s statement,which was viewed as “hawkish” (financial market jargon for favouring higher rates to contain inflation).

These help to explain the economic concerns behind Lowe’s latest rate rise,and the issues that could determine where rates go from here.

Clancy Yeates is deputy business editor. He has covered banking and financial services,and was previously national business correspondent in the Canberra bureau.

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