Home RBA’s Lowe: 0.25% is the effective lower bound for rates

RBA’s Lowe: 0.25% is the effective lower bound for rates

Updated: 26 Nov. 2019 | 10:42

Further comments are hitting the wires from the Reserve Bank of Australia (RBA) Governor Lowe, as he says that 0.25% is the effective lower bound for rates.

Key Quotes:

QE could include purchase of state government bonds.

Expects employment growth to be slow but still be reasonable.

The AUD/USD pair consolidates the spike to 0.6795 highs, with the latest Lowe’s comments doing little to move the Aussie dollar.

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