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3 Feb 2021
RBA’s Lowe: Need to keep monetary support until people get jobs, higher wages
Need to keep monetary support until people get jobs, higher wages.
Fiscal response has been incredibly important in recovery.
Borrowing more exactly the right thing to do.
Hopes government will respond with more fiscal stimulus if needed.
Global central banks are not in a cold war on fx.
Not particularly worried about asset prices rising too strongly at the moment.
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