"Not unrealistic" to expect a further reduction in the cash rate. "Unrealistic" to think one 1/4 point rate cut can alter growth path. Lower rates to help through effect on A$, disposable incomes.
The RBA board has decided to lower the cash rate by 25 basis points to. What Dr Lowe is saying here is that even with unemployment around the. in Dr Lowe's own words “it is not unreasonable to expect a lower cash rate.
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[ August 6, 2019 ] RBA holds cash rate at record low 1.0% News [ August 6, 2019 ] ANZ bins individual bonuses for non-execs business search for: Home News RBA’s Lowe says more rate cuts could come RBA’s Lowe says more rate cuts could come. June 5. not unreasonable" to expect that.
Given inflation is expected to remain well below the target range until well into 2018 – both here. interest rates is considerably lower than in the past. According to Kieran Davies, at ANZ Bank,
Governor Lowe delivered his first rate as head of the Reserve Bank of Australia and brought the cash rate to a record low of 1.25%. his statement that expectations for another cut are "not.
AUD slips after RBA says low interest rates are here to stay.. The bank cut its cash rate to a new record low of 1% in July, after slashing it from 1.5% to 1.25% back in June in. Whether or not further monetary easing is needed, it is reasonable to expect an extended period of low interest rates," Lowe says.
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RBA’s Lowe: Not unreasonable to expect a lower cash rate from here "The board has not yet made a decision, but it is not unreasonable to expect a lower cash rate," Governor Philip Lowe said in an evening speech in Sydney. "Our latest set of forecasts were prepared on the assumption that the cash rate would follow the path implied by market pricing, which was for the cash rate to be around 1%.
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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 rate would follow the path implied by market pricing, which was for the cash rate to be around 1 per cent by the end of the year.