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More from RBA's Lowe - says again wants government fiscal support

More from RBA's Lowe - says again wants government fiscal support

Central Banks
Eamonn Sheridan
05/02/2020 | 02:15 GMT

Reserve Bank of Australia Governor Lowe spoke earlier:

Q&A now:

  • Australia has very high participation rate, unemployment not only rate to watch
  • doing what we can on unemployment, up to government on fiscal policy
  • says have to be realistic on speed of progress on unemployment rate
  • seeing some additional govt spending because of bushfires

Headlines via Reuters

There will be more.

Something Lowe might to ponder is if the RBA keeps producing optimistic forecasts and sounding upbeat why would the government bother boosting fiscal support?

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