More from RBA governor Stevens:
- Hopeful unemployment will not rise too much further
- unemployment rate will likely rise a little further yet
- Estimates unemployment lags growth by one to two quarters
- Potential growth rate of economy is 3% or a touch more
RBA governor Stevens is addressing parliament’s House of Representatives’ Standing Committee on Economics. This is a 3-hour live cabaret, so expect plenty of ongoing headlines.
Earlier post: RBA governor Stevens: Sees period of stability for rates … AUD still high by historical standards
Headlines are via Reuters and Bloomberg
