Reserve Bank of Australia Assistant Governor (Financial Markets) Christopher Kent speech and Q&A:
- RBA Kent says there is a need for policy support for some time to come
- More from RBA's Kent - says monetary policy board is considering the case for further easing
- AUD lower as RBA Kent speaks - reiterating scope for further policy easing
More now:
- fiscal policy has been very important in supporting the economy
When Lowe spoke last week one of his points was on the 'traction' of any further easing measures. Hmmm.