RBA's Lowe: Very hopeful will not need to cut as far as some central banks in Europe

Reserve Bank of Australia Governor Lowe …

is that remarks supposed to be encouraging???

More:

• Fiscal policy is important as well
• Sees some positives for the economy, terms of trade
• Economy needs to be on a better path than we are on

Earlier from Dr. No:

• RBA Gov. Lowe: its not unrealistic to expect a further cut in the cash rate