• Reserve Bank of Australia Governor Glenn Stevens warned of housing market bubble risk

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3 septiembre 2014

Reserve Bank of Australia Governor Glenn Stevens warned of housing market bubble risk

The Reserve Bank of Australia (RBA) Governor Glenn Stevens has spoken at the Committee for Economic Development of Australia (CEDA) in Adelaide. Glenn Stevens warned of housing market bubble risk due to low interest rates. Analysts interpreted his comments as meaning the RBA won't cut rates again.

The RBA governor noted that the RBA does not want "to foster too much build-up of risk in the financial sector".

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