Australian Central Bank's Lowe Will Be the Economy's Main Carer

Updated on
  • Government aims to reduce deficit, not provide fiscal support
  • Business lending drop suggests no sign of investment pick up

Rate Decision: What to Expect From the RBA

Incoming Australian central bank chief Philip Lowe faces the prospect of nursing a transitioning economy as the government focuses on reducing a budget shortfall to save the country’s AAA rating and economists forecast a Tuesday policy easing.

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