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RBA’s Lowe: RBA is Treading a ‘Fine Line’

The Reserve Bank is treading a fine line between stimulating the economy without causing potentially damaging imbalances, a senior central bank official says.  RBA deputy governor Philip Lowe said low interest rates were helping to wean Australia off dependence on the mining investment boom by supporting spending.  In time, consumer spending growth and a further

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RBA’s Lowe: We still have room to move on rates

The Reserve Bank of Australia still has scope to lower interest rates further, but is remaining tight lipped about the likelihood of future cuts. “We still have scope to lower interest rates if we need to, that doesn’t mean we’re going to but we have scope to do that,” RBA deputy governor Philip Lowe told

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