More from RBA Lowe: Further AUD appreciation from here would complicate adjustment

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia Governor Lowe, more now from Q&A:

  • Current level of AUD and rates is suitable for economy
  • Further marked AUD appreciation from here would complicate adjustment
More:
  • Home prices have risen faster in last couple of months
  • Says he takes comfort in slower credit growth
  • Easing in monetary policy globally is reaching diminishing returns
  • Reasonable prospect domestic inflation will return to target as forecast
  • Possible election of Donald Trump as President unlikely to be as benign an event as Brexit
Headlines via Reuters        
-
If you're wondering what the RBA will do at its next meeting that's got to be a pretty big clue from Lowe right there:
  • Current level of ... rates is suitable for economy
Can he cut rates in 2 weeks time after saying this? (Barring any huge shock development, of course)
 -   

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose