The Reserve Bank of Australia (RBA) Governor Philip Lowe, in his speech at the day 3 of the Jackson Hole Symposium, called on the governments to do to stimulate growth. Additional Comments: We are experiencing a period of major political shocks. Political shocks are turning into economic shocks. Central banks have a limited and partly exhausted arsenal of tools to fight back. Monetary policy cannot deliver medium-term growth. We risk just pushing up asset prices. Called for investment in infrastructure and structural reforms. Lowe’s comments had little cues on the Australian monetary policy outlook and therefore, unlikely to have any impact on the local currency, the Aussie dollar, which is likely to see a big opening bearish gap amid US-China trade escalation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Pres. Trump signals regret China trade war escalated, but no willingness to reverse tariffs – WaPo FX Street 4 years The Reserve Bank of Australia (RBA) Governor Philip Lowe, in his speech at the day 3 of the Jackson Hole Symposium, called on the governments to do to stimulate growth. Additional Comments: We are experiencing a period of major political shocks. Political shocks are turning into economic shocks. Central banks have a limited and partly exhausted arsenal of tools to fight back. Monetary policy cannot deliver medium-term growth. We risk just pushing up asset prices. Called for investment in infrastructure and structural reforms. Lowe's comments had little cues on the Australian monetary policy outlook and therefore, unlikely to have any… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
