Original article by David Rogers
The Australian – Page: 17 & 27 : 7-Mar-19
The Australian dollar fell to a two-month low in local trading on 6 March, in response to the latest GDP data, while the money market has now fully priced in an official interest cut by October. Meanwhile, Reserve Bank governor Philip Lowe has told a business summit that the central bank still has the flexibility to raise or lower the cash rate as required. He also said the downturn in house prices is unlikely to affect economic growth.
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