You are here

Bets are off for RBA rate cuts, but keep one eye on China

Wednesday, November 2, 2016 - 05:50

BT_20161102_KVRBA_2577096.jpg
Mr Lowe's upbeat outlook combined with a concession that house prices in some markets had been "rising briskly" signals he'll be unwilling to cut again and risk stoking property values further.

Sydney

AUSTRALIAN central bank Governor Philip Lowe gave his clearest sign yet he's not hankering to cut the nation's record-low cash rate.

Mr Lowe's upbeat economic growth outlook on Tuesday combined with a concession that house prices in some markets had been "rising briskly"

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom