More comments from Reserve Bank of Australia Governor Lowe
- business investment is on fairly reasonable upswing
- says is not showing up in output data as would be expected
- no reason to adjust inflation target
- says confident will get back to middle of 2-3 pct band
- other sectors of economy do not show slowdown implied by GDP
- Q4 and Q3 GDP likely to show growth significantly below trend
-
Earlier:
- RBA Gov. Lowe: probabilities of hike or cut remain reasonably evenly balanced
- RBA's Lowe says difficult to imagine rates will rise in 2019
