RBA’s Lowe: Escalation of trade war could be damaging for the global economy

Dhwani Mehta FXStreet

More comments flowing in from the RBA Governor Lowe, via Reuters, as he now addresses the Q & A session at the Anika Foundation Luncheon, in Sydney.

Escalation of trade war could be damaging for the global economy.

RBA does not target house prices but a period of moderation is needed.

Most likely economy continue on current track.

Hope I can raise interest rates at some point in my term.

Not looking to review the inflation target any time soon.

Confident will get back to 2.5% inflation, will take time.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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