- Reserve Bank of Australia Deputy Governor Philip Lowe: further interest rate cut by the RBA is possible if needed
Notícias do Mercado
18 maio 2015
Reserve Bank of Australia Deputy Governor Philip Lowe: further interest rate cut by the RBA is possible if needed
The Reserve Bank of Australia (RBA) Deputy Governor Philip Lowe said in Melbourne on Monday that low interest rate in Australia to support spending and help a transition from mining investment.
He noted that borrowers should not take too much debt.
Lowe pointed out that further interest rate cut by the RBA is possible if needed. He added that lower Australian dollar will help the Australian economy.
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