Aussie Dropped as RBA Affirmed that 2022 Rate Hike is Unlikely

<p>RBA Governor Philip Lowe downplayed the likelihood of a rate hike next year at a speech today. Besides reiterating that Australian inflation has been less severe than other economies, he noted that inflation is the the only factor leading to a rate hike. Aussie dropped after his comments. Lowe noted that domestic inflation has been [&#8230;]</p>
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