The RBA’s Lowe further cuts are possible-borderland

The RBA’s Lowe: further cuts are possible Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! FX168 financial newspaper (Hongkong) hearing on Thursday (September 22nd) the Reserve Bank of Australia (RBA) chairman of the Holloway (Phillip Lowe) in the committee, delivered a speech, this is his first time to reserve chairman identity in formal occasions. Holloway speech pointed out that the RBA further cuts are possible, depending on the various aspects of the factors. The first public appearance Holloway, gave optimistic evaluation of the Australian economy, because this year has twice cut interest rates, exchange rate and commodity prices stable. RBA has cut interest rates in May and in August, the interest rate will be reduced to a record low of 1.5%, in order to push up inflation and suppress the appreciation of the Australian dollar. But inflation is expected to weak Holloway is expected to continue for a period of time. Holloway said, "our view is that loose monetary policy in support of employment and economic activities, and to ensure sustained economic growth and inflation consistent with the medium-term target prospects improved." The Australian dollar, the Australian dollar lower Rowe said, would help the economy, but of course, most banks are hoping their currencies decline in recent months, the Australian dollar is understandable, but slightly lower will be better. The employment market Holloway said the Australian employment market unlike the recent unemployment data released showed that strong, the current employment market as a whole for the better, can expect a reasonable growth of employment. At the same time, Lowe pointed out that Australia household consumption growth is also good, a trend not much difference. Growth in the non mining sector has a broad base, benefiting from population growth. Monetary policy, Holloway believes that the possibility of the RBA depletion policy space is very small, the government can expand the liabilities for infrastructure investment and financing. The international situation, Rowe said, if Trump is elected president of the United States, the RBA is currently no market specific contingency plans, will pay close attention to market reaction. In addition, Rowe said Chinese economic has some spare capacity, but do not want to exaggerate the problem. Proofreading: Pakistan into Sina Finance shares fit [discussion]相关的主题文章:

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