Home RBA’s Lowe: Economic downturn in Australia not as severe as we expected

RBA’s Lowe: Economic downturn in Australia not as severe as we expected

Published date: 22 Jun. 2020 | 02:42

The Reserve Bank of Australia (RBA) Governor Phillip Lowe praises its country for emerging pretty strong from the coronavirus crisis when compared to many other economies.

Lowe continues to speak at the Australia National University Crawford Leadership Forum.

Additional quotes

Economic downturn in Australia not as severe as we expected.

Australia has done remarkably well compared to many other countries.

AUD/USD stalls the minor recovery

AUD/USD met fresh supply near 0.6835 on a fresh attempt to the upside, as markets digest the latest comments from Governor Lowe.

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