RBA’s Lowe: Not unreasonable to expect a lower cash rate from here "The board has not yet made a decision, but it is not unreasonable to expect a lower cash rate," Governor Philip Lowe said in an evening speech in Sydney. "Our latest set of forecasts were prepared on the assumption that the cash rate would follow the path implied by market pricing, which was for the cash rate to be around 1%.
The Reserve Bank of Australia (RBA) Governor Phillip Lowe is on the wires now, making a scheduled speech at the RBA Board Dinner with the business community. It’s worth noting that the RBA cut its Official Cash Rate (OCR) by 0.25bps to a record low of 1.25% at the june monetary policy meeting held earlier this Tuesday.
RBA’s Lowe: Not unreasonable to expect cash rate lower from here, Aussie holds steady Read more on https://www.fxstreet.com Markets One news page: tuesday, 4 June 2019
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Reserve Bank Governor Philip Lowe says it is "not unreasonable" to expect that interest rates will get cut further this year, although no decision has been made. "Much will depend on how the evidence evolves, especially on the labour market," Mr Lowe said in a dinner speech to the business community on Tuesday night.
The Reserve Bank cut the official cash rate to a record-low 2 per cent this month as a way of reinforcing recent signs of improving household spending, Dr Lowe said.
The answer here is that the Board has not yet made a decision, but it is not unreasonable to expect a lower cash rate. Our latest set of forecasts were prepared on the assumption that the cash rate would follow the path implied by market pricing, which was for the cash rate to be around 1 per cent by the end of the year.
Gold Prices Bounce On Fed Speak, Weaker USDX, US Stocks In last week’s Gold Report, we looked at the historical relationship between the gold price in dollars and the value of the dollar as measured by the Intercontinental Exchange US dollar trade weighted.
RBA cut rates, Governor Lowe anticipates more .. RBA Governor Lowe said that is not unreasonable to expect lower cash rates from here, opening doors for further rate cuts in the future.
The Welsh village being abandoned to the sea because of climate change The man who brought spicy Jamaican patties to American restaurant diners dies in New York Do condos appreciate as fast as single-family homes? Answer may surprise you The times analyzed condominium data in much the same way it has done for its annual report on single-family home values. Some of the condo results are surprising. Take appreciation. lore relegates condos to default housing, if you will, for people who can’t quite swing a house purchase. But buyers apparently don’t feel that way.- The Welsh coastal village of Fairbourne is set to become the first town in the U.K. to be abandoned because of the effects of the climate crisis. The possibility of compensation will likely be discussed at the town meeting planned for June 26.
Home RBA’s Lowe: No reason to change inflation target band, June 4, Philip Lowe, begins his Q&A session with the media – If unemployment rate can get to 4.5%, inflation will rise – Current central estimate for full employment is near 4.5% ForexLive. Share this. 0 likes. Related Articles.
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