[Washington, 17th Reuters]-Low, President of the Reserve Bank of Australia (Central Bank), said the negative rate would be "extraordinarily unlikely" to meet inflation and economic growth targets on the 17th It showed the recognition.
However, he pointed out that low interest rates alone may not always encourage investment.
In his presentation at the meeting of the International Monetary Fund (IMF) and the World Bank, “Choose no speculation about negative interest rates and quantitative easing in Australia. However, the possibility of negative interest rates is very high. It ’s very low. ”
