RBA’s Lowe: Rising rates abroad have no automatic implications for Australia

The Reserve Bank of Australia (RBA) Governor Phillip Lowe is on the wires now, via Reuters, making a scheduled speech titled "The Next Chapter" at the American Chamber of Commerce in Australia Business Briefing, in Perth.

Key Headlines:

Higher global interest rates will flow through to Australia over time

Rising rates abroad have no automatic implications for Australia

Flexible AUD gives RBA considerable independence over domestic policy timing