Q&A | Reserve Bank Governor keynote
The RBA has now cut official interest rates to the historic low of 1.25 per cent. The rate, which reflects what the central bank charges commercial banks on overnight loans and influences the setting of other interest rates, has sat at a record low of 1.5 per cent since August 2016.
The RBA took this decision citing the desire to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target.
To understand more where the RBA thinks the Australian economy is heading and the role that monetary policy will play in stimulating growth, CEDA is delighted to host RBA Governor, Philip Lowe.