RBA’s Lowe: International political tensions weakening global outlook

Dhwani Mehta FXStreet

The Reserve Bank of Australia (RBA) Governor Lowe, in his scheduled speech, adds that the central bank is not worried anymore lower interest rates would fuel a surge in borrowing in Australia.

Further Headlines:

Need to keep an eye on debt binge but not particularly worried about it right now.

Very large political shocks going on around the world, international political tensions weakening global outlook.

Central banks cannot offset those political shocks alone.

We are fighting some very large global forces, structural shifts in domestic economy.

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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