RBA Lowe: Negative rates and FX intervention are not directions to head in

<p>RBA Governor Philip Lowe reiterated in a speech that &#8220;there has been no change to the Board&#8217;s view that negative interest rates in Australia are extraordinarily unlikely&#8221;. Negative interest rates would come with costs and causes &#8220;stresses in the financial system&#8221;. They would also &#8220;encourage people to save more rather than spend more&#8221;. It&#8217;s &#8220;not [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/312437-rba-lowe-negative-rates-and-fx-intervention-are-not-directions-to-head-in/">RBA Lowe: Negative rates and FX intervention are not directions to head in</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>