Reserve Bank of Australia governor Philip Lowe says the next move for interest rates is more likely to be up than down, but it won't be for quite some time.
Speaking before House of Representatives economics committee hearing in Melbourne on Friday, Dr Lowe said weak inflation and high unemployment will keep rates where they are for the time being.
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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
