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Lowe: The Economic Outlook and Monetary Policy
Thank you for the invitation to speak to the Economic Society of Australia. It is very good to be back here in Brisbane today. I would like to begin by providing an update on recent developments in the global and Australian economies. I will then discuss how our thinking on the appropriate stance of monetary policy has evolved over recent times. The Global Picture Up until around the middle of last year, the global economy was growing quite briskly (Graph 1). Then, over the second half of the year, growth slowed and this lower pace continued into 2019. There are a few factors that help explain this slowing in the ... (full story)
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RBA Governor Philip Lowe: Board will consider the case for a rate cut in June #RBA #AUDUSD
— DailyFX Team Live (@DailyFXTeam) May 21, 2019
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RBA's Lowe: Lower rate would support employment growth, inflation. Unemployment can go below 5% without raising CPI concerns #RBA #AUDUSD
— DailyFX Team Live (@DailyFXTeam) May 21, 2019
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RBA's Lowe: Recent data means jobs less likely to surprise on upside
— DailyFX Team Live (@DailyFXTeam) May 21, 2019
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Reserve Bank Of Australia Gov Lowe: Lower Rates Would Support Employment, Help Lift Inflation Toward Target
— LiveSquawk (@LiveSquawk) May 21, 2019
- Need Further Improvement In Labour Market, Jobless Rate To Fall Under 5%
- Economy Can Support Unemployment Rate Under 5% Without Inflation Concerns
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Reserve Bank Of Australia Gov Lowe: Global Picture Looks A Little Brighter, Expects Growth To Strengthen Later In Year
— LiveSquawk (@LiveSquawk) May 21, 2019
- Failure To Resolve Trade Disputes A Major Downside Risk To Global Economy
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