RBA governor does not rule out a rate cut in 2019


The Reserve Bank of Australia is now more likely to cut rates than in 2018 due to an increasingly uncertain global outlook, governor Philip Lowe said today (February 6).

In a speech before the National Press Club of Australia in Sydney, Lowe stressed the importance of trade tensions between the US and China. Topics ranging from Brexit, the rise of populism globally, and the reduced support of the Trump administration for the international liberal order also play an important role in the outlook

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