Nov 27th, 2019
Australia's Growth to Remain Sub-Trend, RBC's Ong Says
Su-Lin Ong, chief economist at Royal Bank of Canada in Sydney, talks about Australia's economy and policies. Reserve Bank Governor Philip Lowe laid out his cards for unconventional policy: A government bond-buying program is an option at a 0.25% cash rate, but the threshold for such stimulus hasn’t been reached and is unlikely to be in the near term. Ong speaks with Paul Allen and Shery Ahn on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
