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Lowe: Opening Statement to the House of Representatives Standing Committee on Economics – Forex Factory

Much has changed in the world since we last met in February. We have experienced a global pandemic, the biggest peacetime contraction in the Australian economy in nearly a hundred years and extraordinary monetary and fiscal policy measures. This all means tha…

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From rba.gov.au
Much has changed in the world since we last met in February. We have experienced a global pandemic, the biggest peacetime contraction in the Australian economy in nearly a hundred years and extraordinary monetary and fiscal policy measures. This all means that many of the challenges we face today were hardly imaginable just six months ago. Economic forecasting is very difficult at a time like this, but the RBA released its regular economic update last Friday in the Statement on …

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