Reserve Bank of Australia (RBA) Governor Glenn Stevens: the central bank could lower its interest rate

Market news

20 April 2015

Reserve Bank of Australia (RBA) Governor Glenn Stevens: the central bank could lower its interest rate

The Reserve Bank of Australia (RBA) Governor Glenn Stevens said in New York on Monday that the central bank is ready to cut its interest rate if it would be helpful in securing sustainable economic growth.

Stevens noted that the Australian dollar will decline further.

European stocks closed: FTSE 100 7,052.13 +57.50 +0.82% CAC 40 5,187.59 +44.33 +0.86% DAX 11,891.91 +203.21 +1.74%

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