Economics

RBA Highlights Ukraine War Risks to Outlook as Key Rate Held

  • Lowe: too early to conclude inflation sustainably in target
  • Policy makers fear crisis will exacerbate supply chain strains
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The Reserve Bank of Australia said it will remain “patient” as it assesses risks stemming from Russia’s invasion of Ukraine and the resulting jolt to energy prices.