RBA Governor Prefers Weaker Currency Over Rate Cuts

Dec. 13 (Bloomberg) –- Bloomberg’s Paul Allen reports on the Reserve Bank of Australia’s Governor saying a weaker local currency is preferable over lower interest rates to help spur the nation’s economy. He speaks to Angie Lau on Bloomberg Television’s “First Up.” (Source: Bloomberg)

Abe Announces New Draft Stimulus Measures
33:22 - Japan has announced new draft measures to give Abenomics a boost, and finally revive the economy. They include: raising wages, more support for low-income pensioners and lowering the corporate tax rate even further than originally planned. Bloomberg's Yvonne Man looks at Abenomics so far, and why the prime minister thinks more needs to be done. (Source: Bloomberg)
  • S&P Expectations Sink: What'd You Miss? (Full Show 11/24)
  • Turkey-Russia Relations Sour Over Downed Warplane
  • Take the Money and Run: Strategist on Dollar Positions