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RBA governor Philip Lowe says board considering another cash rate cut – NEWS.com.au
RBA governor Philip Lowe says board considering another cash rate cut
The Reserve Bank of Australia has hinted at the possibility of another interest rate cut to support the countrys economic recovery from the coronavirus recession. Speaking at the Citi Group annual investment conference on Thursday, RBA governor Philip Lowe said further monetary easing would support jobs growth and alleviate currency pressures.
Mr Lowe said risks associated with the country’s financial stability still needed to be examined before a decision was made; however, lower rates would h…
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