RBA governor, Philip Lowe, speaks in Sydney – The board has not yet made a decision, much depends on labour market – Economic forecasts had assumed rates at 1% by year-end ForexLive By Justin Low.
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.
The answer here is that the board has not yet made a decision, but it is not unreasonable to expect a lower cash rate," he said.. lowest rate in history to tumble further, Dr Lowe says it isn.
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Reserve Bank governor philip lowe says it’s not unreasonable to expect more rate cuts – and has called on banks to pass the full cut on to their customers.
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"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% by the end.
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.
Pretty much just reaffirming the message in what the central bank statement was trying to convene, in that there is no firm commitment to future rate. currently, not really doing much on the.
Rate decision was not in response to deterioration in outlook since May. Easing aimed at spurring jobs growth, lifting inflation. Rate cut is to lead lower AUD than otherwise would have been the case.
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.Articles.
This brings me to the second question: are interest rates going to be reduced further? The answer here is that the Board has not yet made a decision, but it is not unreasonable to expect a lower cash.