RBA's Lowe says expect economic growth to pick up gradually, average around 3 pct or so over next few years

Noticias del mercado

4 mayo 2017

RBA's Lowe says expect economic growth to pick up gradually, average around 3 pct or so over next few years

Want to see continuation of positive employment trends
Higher housing supply, transport infrastructure to help balance supply-demand
Employment growth has been a bit stronger of late, forward looking indicators positive
We should not expect interest rates always to be this low
Over time we could expect interest rates to rise in Australia
Recent increase in household debt to income has made economy less resilient to future shocks
Concerned about impact of sharp house price correction on household spending, economy
Higher the indebtedness the greater is the sensitivity of spending to shocks to income

U.S. house majority leader Mccarthy says “big, significant progress” made on Obamacare repeal bill

China Composite PMI data signalled a further slowdown in growth momentum

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