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 …
By FxWirePro Team
1 min read
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
Eurostat’s preliminary flash estimate put third-quarter growth at 0.4% quarter over quarter, while BBH analyst Elias Haddad put the chance of a December increase at 86%.
