Reserve Bank of Australia’s Financial Stability Review: the central bank expects lower mortgage rates to boost housing demand further

Market news

25 March 2015

Reserve Bank of Australia’s Financial Stability Review: the central bank expects lower mortgage rates to boost housing demand further

The Reserve Bank of Australia (RBA) said in its Financial Stability Review that it expects lower mortgage rates to boost housing demand further. The central bank added that it will monitor closely the housing lending.

The RBA pointed out that risks in the non-financial business sector are low.

JP Morgan downgraded its forecast for the U.S. growth in the first quarter to 1.5% from 2.0%

Asian Development Bank: Emerging Asian economies will grow at a 6.3% pace in 2015 and in 2016

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