The Traderszone Network

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

RBA Gov. Stevens: Current inflation target regime has flexibility

Reserve Bank of Australia Governor Glenn Stevens speech
Q&A to follow, but for now:

Headlines via Reuters

Sounds like he is urging a slower path of rate cuts ahead … calling for fiscal action (like most central bankers) … also pointing out Australian growth rate will be slower ahead, and there are hard choices to be made