Aussie Retreat on Possible Fed Hike May Keep RBA Cut at Bay

Updated on
  • Traders boost odds for U.S. move on Yellen, Fischer comments
  • Australian currency resilient after RBA’s two rate reductions

The apparent willingness of Federal Reserve officials to increase U.S. interest rates this year means incoming Reserve Bank of Australia Governor Philip Lowe may have the ability to hold onto the policy ammunition that his predecessor bequeaths him.

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