Reserve Bankers: Rates and World Regard

reserve bankers: With interest rates cut to a record low 0.75 per cent by the RBA last week, Australia joined other major economies in slashing rates to near zero, according to Nine News Australia. Reserve bankers around the world regard lower rates as an economic stimulus. To improve your experience update it you need to do the opposite' Call for interest rates rethink By 9News Staff9 51am Oct 9, 2019Facebook Tweet Mail The Reserve Bank of Australia RBA should rethink its interest rate policy and consider raising them, Nine Finance Editor Ross Greenwood says. The cut came as the latest economic data shows the Australian economy is slowing down. Reserve Bank of Australia RBA Governor Philip Lowe has argued lower interest rates can help the economy. . Sydney Morning Herald What would happen then is a lot of imported goods would become cheaper. But Greenwood told Today there are benefits from higher rates, including a higher dollar. (news.financializer.com). As reported in the news.