Economics
RBA May Ease Further But Negative Rates Unlikely, Lowe Says
- Central banker says cuts help Aussie economy, support growth
- Australia likely to need extended period of low interest rates
This article is for subscribers only.
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.
Australian central bank chief Philip Lowe reiterated that he’s prepared to ease policy further if needed, but again pushed back against the idea of interest rates turning negative in his economy.