FX & CFD trading involves significant risk
The Reserve Bank of Australia (RBA) Deputy Governor Philip Lowe said in Melbourne on Monday that low interest rate in Australia to support spending and help a transition from mining investment.
He noted that borrowers should not take too much debt.
Lowe pointed out that further interest rate cut by the RBA is possible if needed. He added that lower Australian dollar will help the Australian economy.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.