Reserve Bank wary of risks from low rates

Original article by Patrick Commins
The Australian – Page: 25 : 19-Feb-20

The minutes of the Reserve Bank of Australia’s board meeting for February show that the central bank considered the potential downside risks of further easing monetary policy when it left interest rates on hold. The board also noted that the coronavirus outbreak presents a risk to the economic outlook for both China and Australia in the near-term. Most economists expect an official interest rate cut in April or May, and the futures market has fully priced in a rate cut by October.

CORPORATES
RESERVE BANK OF AUSTRALIA

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s