RBA’s Lowe: Cutting rates not as stimulatory as in the past

RBA governor Philip Lowe moving to the Q&A session now in his appearance in Perth

  • No country has become wealthy from trade barriers

Nothing else yet from Lowe but his headline comment suggests that he himself has a bit of a bias to not cut rates – arguing that the effects of which is not going to stimulate the economy as much as it has done so before.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.