Reserve Bank of Australia Governor Lowe Speaks
Let\\\\\\\'s See if Lowe Will be Asked About the Tensions With China
Starts Tuesday, March 5, 2019 at 22:10
Updated Tuesday, March 5, 2019
The Governor of the Reserve Bank of Australia is due to deliver a speech titled "The Housing Market and the Economy" at the Australian Financial Review's Business Summit, in Sydney. Audience questions are expected, so it will be interesting since they will likely ask questions on topics he would otherwise have avoided. Trade negotiations between the US and China are ongoing, so let's hear what he has to say about it and the trade war that seems to be coming to an end between the US and China. But a new front is being opened between China and Australia. 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.