Original article by Adam Creighton
The Australian – Page: 1 & 6 : 25-Sep-19

Reserve Bank of Australia governor Philip Lowe has signalled that the central bank is prepared to further reduce the cash rate if necessary. He has cited factors such as the downward trend in global interest rates and a ‘surprise’ slowdown in the domestic economy, which grew by just 1.4 per cent in the year to June. Lowe’s speech in regional New South Wales has heightened speculation that the RBA will reduce the cash rate to a new low of 0.75 per cent in October. George Tharenou of UBS expects the cash rate to fall to just 0.25 per cent by May.

CORPORATES
RESERVE BANK OF AUSTRALIA, UBS HOLDINGS PTY LTD, ARMIDALE BUSINESS CHAMBER, UNITED STATES. FEDERAL RESERVE BOARD, EUROPEAN CENTRAL BANK, AUSTRALIAN LABOR PARTY