RBA Lowe says its possible the cash rate will be 0.25% for the next 5 years
Reserve Bank of Australia Governor Philip Lowe is appearing in front of the Parliament's House of Representatives' Standing Committee on Economics
- says its possible the cash rate will be 0.25% for the next 5 years
- hopes it will not be that low for that long but its possible
- its possible the cash rate could be lowered to 0.1% but not at the point where easier policy would help
Earlier from the Gov:
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