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18 May 2015
RBA Lowe: Recent rate cut to support consumer demand, home constructio
FXStreet (Bali) - Additional comments from Reserve Bank of Australia Deputy Governor Lowe are crossing the wires, noting that the recent rate cut should support consumer demand and home construction.
Key headlines - via Reuters
Further fall in a$ would be helpful
Recent rate cut to support consumer demand, home construction
Not in Australia's interests to engineer debt-fuelled consumption boom
"Fairly fine line" to walk on rates, trying to strike prudent balance
Missing factor domestically is still non-mining investment
Sustained lift in non-mining invesment seems "some way off"
Business setting too high a hurdle on new investment for low rate world
Average return on savings globally to stay low for protracted period
Key headlines - via Reuters
Further fall in a$ would be helpful
Recent rate cut to support consumer demand, home construction
Not in Australia's interests to engineer debt-fuelled consumption boom
"Fairly fine line" to walk on rates, trying to strike prudent balance
Missing factor domestically is still non-mining investment
Sustained lift in non-mining invesment seems "some way off"
Business setting too high a hurdle on new investment for low rate world
Average return on savings globally to stay low for protracted period