“We do think that balance between making sure inflation is not entrenched for the remainder of 2023 and 2024 but at the same token first and foremost maintaining financial stability, will be met by the central banks both in Australia and in the U.S. in the coming months,” said Shaw at the Australian Financial Review Banking Summit in Sydney.
“That’s why I think we are much closer to a pause and much closer to peak terminal rates.”
Source: Economy - investing.com
