The RBA would consider a move to quantitative...>

RBA: The RBA would consider a move to quantitative easing if official rates were

lowered to 0.25%, although such a move isn't currently on the agenda, RBA

Governor Philip Lowe said Tuesday. Speaking on "Unconventional Monetary Policy:

Some lessons from overseas", Lowe said if needed (and emphasising the if) QE in

the form of government bond buys in the secondary market would be the preferred

policy for Australia, saying negative rates would be extremely unlikely in

Australia, questioning their success elsewhere. Lowe said the "threshold" for QE

in Australia had not yet been reached and he didn't "expect it to be reached in

the near future." Conventional monetary policy was still working well and was

being transmitted through to the exchange rate, asset prices and a boost to

household income.