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RBA's Lowe reiterates easing bias

Thursday, March 5, 2015 1:42 AM UTC

Comments from RBA deputy governor Lowe:

Low global rates have pushed up Australian asset prices
High asset prices help economy, need to watch carefully
RBA board noted further easing may be appropriate
Businesses saying lower A$ opening up new opportunities
Signs A$ depreciation is boosting domestic activity
Australian monetary policy still working; helping economy
Upward A$ pressure has complicated economic transition
Higher A$, lower interest rate due to global developments

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RBA's Lowe reiterates easing bias

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