Home RBA’s Lowe: High risk that the main effect of lower interest rates will be to push up prices

RBA’s Lowe: High risk that the main effect of lower interest rates will be to push up prices

Updated: 17 Oct. 2019 | 22:28

Australian Central Bank governor Philip Lowe says there is a high risk that the main effect of lower interest rates will be to push up prices of existing assets rather than stimulate investment in new assets.

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