Australian Economy May Have Reached Gentle Turning Point – RBA

www.oann.com | 3/7/2017 | Staff
TitanSwimr (Posted by) Level 3
CANBERRA (Reuters) – The Australian economy may have reached a gentle turning point and quarterly economic growth numbers are expected to strengthen gradually, Reserve Bank of Australia Governor Phil Lowe told a parliamentary committee on Friday.

“There are signs the economy may have reached a gentle turning point,” Lowe told the committee in Canberra, though he reiterated it was reasonable to expect an extended period of low interest rates.

Uncertainty - Trade

“The major uncertainty continues to be the trade...
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