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RBA's Lowe sees gradual pick up in rates and in capex outside resources

RBA's Lowe, while addressing questions from the representatives said, "the interest rates are more likely to rise over time, butt he average will be lower than what was seen in the past"

More comments

Discussion of the neutral interest rate was not intended to send any message to the markets

Markets pricing reasonable that the next move in rates will be up, but not for some time

We are not close to a scenario that would require currency market intervention

 

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