RBA’s Lowe: “Not unrealistic” to expect a further reduction in the cash rate, Aussie unfazed

The Reserve Bank of Australia (RBA) Governor Phillip Lowe is on the wires now, via Reuters, making a scheduled speech about the labor markets and spare capacity, at the Committee for the Economic Development of Australia luncheon, in Adelaide.

Key Headlines:

possibility of lower interest rates remains on the table

“not unrealistic” to expect a further reduction in the cash rate