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Wednesday, June 10, 2015

RBA Governor Stevens Speaks

RBA Governor Stevens Speaks 

#RBA: Open to further easing if beneficial to sustainable growth.

#RBA's Stevens: Infrastructure spending has role in sustaining growth, economy could do with more demand growth next 2 years.

#RBA's Stevens: Policy's marginal effect may be smaller when rates low, monetary policy alone can't deliver everything we need.

#RBA's Stevens: Decision-making process is impeding infrastructure, A$ exchange rate needs to fall further.

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