Reserve Bank of Australia Governor Lowe is speaking on a panel in Canberra
- global economy has slowed
- global growth still reasonable
- risks tilted to downside
- European banks are a potential week spot in global economy
- markets are pricing in rate cuts in major economies
- it is legitimate to ask how effective monetary easing would be globally
- if everyone is easing, the effect on exchange rates is offset
more infrastructure investment would benefit the Australian economy
Recently from Lowe :
