RBA Stevens' Q&A comments: Neutral rate lower than previous

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia Governor Stevens' Q&A comments:

  • Says would be desirable to have above-trend growth for a while
  • Says has been better economnc news of late
  • Says has balance right on rates at the moment
  • Neutral rates are lower than used to be and likely to be for a while
  • AUD is adjusting as you would expect
  • Refuses to be drawn on whether A$ has fallen enough

Headlines via Reuters 

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