RBA’s Lowe: Global disputes on trade, technology making businesses reluctant to invest
|Additional headlines are hitting the wires from the RBA Governor Lowe’s Q&A session address.
Global disputes on trade, technology making businesses reluctant to invest.
Does not see a rapid rise in credit growth ahead.
More borrowing is the risk of an extended period of low rates.
Wants govt to have strong agenda to drive investment, employment.
Not in business of giving government advice.
Better not to move inflation target around, a benefit in sticking with current target.
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