RBA's Lowe says he is not concerned about a rating downgrade

Reserve Bank of Australia Governor Lowe

• Says Q3 GDP result is good
• its plausible that the pandemic has caused lasting damage to the economy and investment

(ICYMI:

• Australia GDP for Q3 3.3% q/q (vs. expected +2.5%) )

Earlier:

• RBA's Lowe says the Bank will own 20% of government debt by the end of the bond-buying program
• RBA's Lowe says has an open mind on extending QE
• AUD/USD a few tics higher, RBA Governor Lowe testimony suspended
• RBA's Lowe says the Australian economy has turned a corner