RBA Gov Lowe says that without a COVID-19 medical breakthrough the economic recovery will be slow

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia Governor Lowe

  • confidence is very fragile, restoring it is key
  • not appropriate to tighten monetary policy until we have robust growth
  • RBA is still not considering negative rates, extraordinarily unlikely
Earlier comments:
Reserve Bank of Australia Governor Lowe

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