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REPEAT: MNI POLICY: RBA Lowe - Data Pretty......>

RBA
RBA: REPEAT: MNI POLICY: RBA Lowe - Data Pretty Positive, Next Rate Move Up
- The Reserve Bank of Australia's next cash rate move will be up, Governor
Philip Lowe said Tuesday, reiterating the central bank's guidance as he pointed
to healthy growth supported by strong global economic expansion. But the RBA is
monitoring international risks including a possible escalation of trade disputes
as well as keeping an eye on Australia's weakening housing market, he told an
RBA board dinner in Perth following a decision earlier Tuesday to leave the cash
rate unchanged at 1.5% for the 23rd consecutive month.
- For full story see MNI Main Wire at 12:30 BST 09/04, or contact us for access.
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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