RBA’s Lowe: “Difficult to understand“ why markets pricing in hikes for 2022 and 2023, AUD/USD drops 15-pips

“Main downside risks are new delta outbreaks, new strains of virus,” said Reserve Bank of Australia (RBA) Governor Philip Lowe during early Tuesday.

The RBA Boss spoke on the topic “Delta, the Economy and Monetary Policy” at an online event hosted by Anika Foundation.

AUD/USD drops 15 pips after the comments to