Reserve Bank of Australia Deputy Governor Lowe:
- Further exchange rate fall would help economic transition
- Says recent rate cut to suppport consumer demand, home construction
- Not in Australia's interests to engineer debt-fuelled consumption boom
- Says "fairly fine line" to walk on rates, trying to strike prudent balance
- Missing factor domestically is still non-mining investment
- Sustained lift in non-mining invesment seems "some way off"
- Business setting too high a hurdle on new investment for low rate world
- Average return on savings globally to stay low for protracted periodmore to come
See full text: Managing Two Transitions


Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
Fed Officials Split as Powell Weighs December Interest Rate Cut
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 



