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REFILE: Lowe Plays Down Chances Of Recession

RBA

Corrects Title Of Earlier Bullet

RBA Governor Lowe notes that it is possible that unemployment in Australia will rise, given the fact that the economy is on a relatively narrow path. Lowe played down the chances of an impending recession, while noting that unemployment doesn’t necessarily need to rise to pull inflation lower.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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