Reserve Bank of Australia Governor Philip Lowe is appearing in front of the Parliament’s House of Representatives’ Standing Committee on Economics
- Friday 14 August 2020
- from 9.30am local time which is 2330GMT
- Lowe will speak from a prepared text to open and then take questions
- the event should take around 3 hours in total
As I posted yesterday:
- Remarks from the Governor on his economic outlook and that for policy. The RBA is currently in a very accommodative policy stance, is urging more fiscal support for the economy, sees a weak outlook ahead and further risks from virus outbreaks and lockdown responses. Lowe will reiterate all of this, and more.
Australia’s second largest city is in coronavirus lockdown, its second round of lockdown