Published: February 05, 2019
But Reserve Bank governor Philip Lowe says rate could go up if jobs and spending grow
The Reserve Bank governor said Australia’s cash rate might be cut further if income and spending growth were weaker than expected in the coming years.
But it was equally possible the next move in the interest rate would be up if more Australians found jobs and their wages rose, Philip Lowe told the National Press Club in Sydney on Wednesday.
Continue reading...from The Guardian http://bit.ly/2GewZOw
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