The Traderszone Network

Published in TZ Latest News 9 August, 2016 by The TZ Newswire Staff

Q&A from RBA’s Stevens: Favours current inflation target, cautions on lowering it

Headlines from Stevens’ prepared speech earlier are here
– Favours the current 2 to 3% inflation target band
– Cautions on lowering the target
– Globally difficult to implement negative rates without hurting banks’ earnings