RBA Governor encourages spending, says cash rate will not rise for 3 years

By Shengyin Li · 15 October 2020 · Small Business

RBA Governor encourages spending, says cash rate will not rise for 3 years

Full details: RBA Governor encourages spending, says cash rate will not rise for 3 years

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Summary

Governor of the Reserve Bank of Australia (RBA), Dr Philip Lowe, made a speech this morning encouraging Australians to spend more money to assist the stimulation of the economy. The speech addressing the annual Citi Australian and New Zealand investment conference also outlined the RBA's plans to raise the cash rate, saying it will not […]