- Analytics
- News and Tools
- Market News
- Reserve Bank of Australia Deputy Governor Philip Lowe: “low rates have boosted asset prices globally”
Reserve Bank of Australia Deputy Governor Philip Lowe: “low rates have boosted asset prices globally”
The Reserve Bank of Australia (RBA) Deputy Governor Philip Lowe said at the Commonwealth Bank of Australia's 7th Annual Australasian Fixed Income Conference on Tuesday that "low rates have boosted asset prices globally", including the housing market in Australia.
He noted the RBA thinks that low interest rates in Australia are appropriate. Lowe pointed out that low interest rates in Australia "are helping boost construction activity and spending".
The RBA deputy governor also said that "very low global interest rates have been with us for some time. And it is likely that they will stay with us for some time yet".
"But the longer it runs on without a pickup in the appetite for real investment, the greater is the potential for new risks to develop", so Lowe.
Lowe noted that it is important to improve the investment climate, and it is the government policy to play the important role.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
