Reserve Bank of Australia Governor Lowe Speaks
Event Date: Thursday, July 8, 2021
Event Time: 02:30 CET
Updated Tuesday, July 6, 2021
The Governor of the Reserve Bank of Australia is due to participate in a panel discussion at the Australian National University Leadership Forum, in Canberra where he will hold a speech. Audience questions are expected, so it will be interesting since they will likely ask questions on topics he would otherwise have avoided. Trade tensions with China are ongoing, while Lowe pledged to keep rates low at least until 2024last week, as rrstrictions continue in Australia, so let's hear what he has to say about it. Please follow us for live coverage of this event and the impact it might have on the currency by experienced market analysts.
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About Reserve Bank of Australia Governor Lowe Speaks
The Reserve Bank of Australia (RBA) releases the Monetary Policy Statement four times per year. It is an assessment of current economic conditions, as well as projections for Australian inflation and growth. A number of special reports, both domestic and international, are also included by the RBA in the statement.Acting RBA Governor Philip Lowe delivers the statements to the public. Lowe’s term as governor began in 2016 and is slated to end in 2023. Lowe acts as the primary counsel to RBA board members and plays a key role in crafting monetary policy facing the Australian dollar (AUD).The RBA Monetary Policy Statement, as well as speeches by Lowe, have the potential to dramatically impact AUD valuations. Hawkish comments or actions are typically viewed as bullish, while dovish tones are interpreted as bearish toward the AUD.