UPDATE 1-Australian central bank chief says negative rates ‘extraordinarily unlikely’
Reserve Bank of Australia
Governor Philip Lowe said on Thursday that it was
“extraordinarily unlikely” that negative interest rates would be
implemented to meet the country’s inflation and growth targets,
adding that low rates alone were unlikely to stimulate
investment.
Governor Philip Lowe said on Thursday that it was
“extraordinarily unlikely” that negative interest rates would be
implemented to meet the country’s inflation and growth targets,
adding that low rates alone were unlikely to stimulate
investment.
Posted by Reuters
