Economics
Debelle Says RBA Easing Expectations Helped to Lower Aussie
- Deputy governor says Australian public debt ‘very manageable’
- Doesn’t see too much pressure on property prices in short term
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Australian central bank No. 2 Guy Debelle said market expectations of further monetary easing had helped drive down the local currency for a positive effect on the economy.
The easing was also keeping the Australian dollar and bond yields below levels where they might otherwise be, he said in speech to economists on Tuesday.