RBA’s Lowe: Not unreasonable to expect a lower cash rate from here

RBA’s Lowe Says Not Unreasonable’ to Expect Another Rate Cut Lowe is expected to ease again this year — with a better than 60% chance of an August cut — to bring the cash rate to a new record-low 1.

The answer here is that the Board has not yet made a decision, but it is not unreasonable to expect a lower cash rate. Our latest set of forecasts were prepared on the assumption that the cash.

Comments from Lowe. Not unreasonable to expect a lower cash rate from here; The board has not yet made a decision, much depends on labour market; Economic forecasts had assumed rates at 1% by year-end; Rate decision was not in response to deterioration in outlook since May; Easing aimed at spurring jobs growth, lifting inflation

Dr Lowe said the bank’s decision to cut rates to an historic low of 1.25 per cent from 1.5 per cent had been driven by a failure to see enough wage growth and inflation, and not because of a.

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In a speech late on Tuesday, RBA Governor Philip Lowe said it was "not unreasonable" to expect a lower cash rate from here, signalling the door was wide open for further easing..

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Reserve Bank Governor Philip Lowe says it is "unrealistic" to expect a lower cash rate to boost growth on its own and has. snubbed thomas markle reveals his regret at not being invited to Archie’s.

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Mr Lowe said banks have benefited from a reduction in raising funds in wholesale markets and so should pass on the lower cash rate in full with lower mortgages.

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Meanwhile, Mr Lowe said it was "not unreasonable" to expect that interest rates will be cut further this year, though no decision has been made. "Much will depend on how the evidence evolves, especially on the labour market," Mr Lowe said in a speech to the business community on Tuesday night.

RBA’s Lowe: Not unreasonable to expect cash rate lower from here, Aussie holds steady Read more on https://www.fxstreet.com Markets One news page: tuesday, 4 June 2019

Reserve Bank Governor Philip Lowe says it is "not unreasonable" to expect that interest rates will get cut further this year, although no decision has been made.