RBA's Lowe: Some Scenarios Show 2024 Rate-Hike Conditions

The transcript discusses the Reserve Bank of India's (RBI) actions to support economic recovery, including maintaining low funding costs, liquidity, and low bond yields. It outlines upcoming decisions on yield targets and bond purchases, emphasizing the importance of these measures in sustaining economic growth. The RBI's bond purchase program is crucial for financial conditions, and inflation targets are linked to wage growth. The board aims for strong economic growth with low unemployment and sustainable inflation.

What factors are influencing the decision on whether to extend the bond purchase program?

What conditions must be met for the cash rate to increase according to the board's strategy?

How does the board view the current inflation pressures and their implications for monetary policy?