RBA governor warns to brace for higher inflation, lower growth | ABC News

Reserve Bank governor Philip Lowe has given a sobering assessment of the economy, warning against pay rises pushing inflation higher, as Claudia Long reports from Canberra. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3EwtM8R ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It’s news when you want it, from Australia’s most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia #auspol ... Read More

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