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

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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)

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Lowe spoke earlier from a prepared text, link to full text and main points here