Market news
09.02.2017, 09:24

RBA Governor Lowe: Expect GDP Growth Around 3% Over Next 2 Years

  • Unemployment Rate to Remain Close to Current Level for Some Time

  • Some Strengthening of Job Growth in Prospect

  • Inflation Not Expected to Fall Further

  • Economy to Return to Reasonable Growth in 4Q

  • 3Q GDP Fall Reflected Mostly Temporary Factors

  • Decline in Terms of Trade Has Stopped

  • Australia Mining Investment Is 90% of Way Through Fall From Peak

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