Further comments by Reserve Bank of Australia governor Philip Lowe in Sydney

  • Must expect gradual normalisation over time
  • Possible upside risk from global growth, Asian trade
  • Persistent deflation in retail space to continue

His earlier comments can be found here. Nothing more from Lowe it looks like. And in fact, nothing that adds to the RBA picture from his latest comments, the earlier ones had a bit more stuffing to guide markets a little on what to expect.