{"id":20251,"date":"2019-07-26T09:15:43","date_gmt":"2019-07-25T21:15:43","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20251"},"modified":"2019-07-26T09:15:43","modified_gmt":"2019-07-25T21:15:43","slug":"reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/","title":{"rendered":"Reserve Bank chief hints at further cuts in interest rates as economy falters"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0Reserve Bank of Australia Governor, Philip Lowe, speaking at the Australian Business Economists Anika Foundation fundraising lunch in Sydney. Photograph: Dean Lewins\/AAP<\/strong><\/p>\n

The Australian dollar has fallen sharply after Reserve Bank governor Philip Lowe said that the central bank could keep cutting the cash rate in the coming months to support the ailing economy.<\/p>\n

After two successive reductions in the rate in June and July left it at an unprecedented 1%, Lowe said in Sydney on Thursday that borrowing costs were likely to remain low for some time.<\/p>\n

\u201cWhether or not further monetary easing is needed, it is reasonable to expect an extended period of low interest rates,\u201d Lowe said.<\/p>\n

His comments will harden the resolve of forecasters who have predicted that the bank will continue to cut the cash rate. While another cut at the bank\u2019s board meeting on 6 August seems unlikely, most experts believe the rate will reach 0.5% by early 2020 with one cut in the spring and another in the new year.<\/p>\n

READ MORE VIA THE GUARDIAN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0Reserve Bank of Australia Governor, Philip Lowe, speaking atRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478106419,478098512,478106418,478098521,478098519,478098535,478098522,478103923,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098509,478098888],"class_list":["entry","author-data123nz","post-20251","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-anika-foundation","tag-australia","tag-australian-business-economists","tag-australians","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-philip-lowe","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-reserve-bank"],"yoast_head":"\nReserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"  PHOTO:\u00a0Reserve Bank of Australia Governor, Philip Lowe, speaking atRead More →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-25T21:15:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg?fit=620%2C372&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"372\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Reserve Bank chief hints at further cuts in interest rates as economy falters\",\"datePublished\":\"2019-07-25T21:15:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/\"},\"wordCount\":185,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg\",\"keywords\":[\"Anika Foundation\",\"australia\",\"Australian Business Economists\",\"Australians\",\"Home ownership\",\"house prices\",\"interest rates\",\"Philip Lowe\",\"property\",\"property correction\",\"property crash\",\"property investment\",\"property market\",\"Property News\",\"propertynoise\",\"real estate\",\"Real Estate News\",\"reserve bank\"],\"articleSection\":[\"Australian Property & Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/\",\"name\":\"Reserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg\",\"datePublished\":\"2019-07-25T21:15:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#primaryimage\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg\",\"width\":620,\"height\":372,\"caption\":\"interest rates\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reserve Bank chief hints at further cuts in interest rates as economy falters\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"name\":\"Property News Australia\",\"description\":\"Property News | Real Estate News | Australia\",\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\",\"name\":\"The Property Noise Group\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"width\":1120,\"height\":160,\"caption\":\"The Property Noise Group\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/PropertyNoiseNZ\\\/\",\"https:\\\/\\\/x.com\\\/propertynoisenz\",\"http:\\\/\\\/propertynoisenz\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\",\"name\":\"Property Noise Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"caption\":\"Property Noise Group\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Reserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/","og_locale":"en_US","og_type":"article","og_title":"Reserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia","og_description":"  PHOTO:\u00a0Reserve Bank of Australia Governor, Philip Lowe, speaking atRead More →","og_url":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/","og_site_name":"Property News Australia","article_publisher":"https:\/\/www.facebook.com\/PropertyNoiseNZ\/","article_published_time":"2019-07-25T21:15:43+00:00","og_image":[{"width":620,"height":372,"url":"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg?fit=620%2C372&ssl=1","type":"image\/jpeg"}],"author":"Property Noise Group","twitter_card":"summary_large_image","twitter_creator":"@propertynoisenz","twitter_site":"@propertynoisenz","twitter_misc":{"Written by":"Property Noise Group","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#article","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/"},"author":{"name":"Property Noise Group","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84"},"headline":"Reserve Bank chief hints at further cuts in interest rates as economy falters","datePublished":"2019-07-25T21:15:43+00:00","mainEntityOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/"},"wordCount":185,"commentCount":0,"publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg","keywords":["Anika Foundation","australia","Australian Business Economists","Australians","Home ownership","house prices","interest rates","Philip Lowe","property","property correction","property crash","property investment","property market","Property News","propertynoise","real estate","Real Estate News","reserve bank"],"articleSection":["Australian Property & Real Estate News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/","url":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/","name":"Reserve Bank chief hints at further cuts in interest rates as economy falters - Property News Australia","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#primaryimage"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg","datePublished":"2019-07-25T21:15:43+00:00","breadcrumb":{"@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#primaryimage","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Reserve-Bank-of-Australia-Governor-Philip-Lowe.jpg","width":620,"height":372,"caption":"interest rates"},{"@type":"BreadcrumbList","@id":"https:\/\/propertynoise.co.nz\/au\/reserve-bank-chief-hints-at-further-cuts-in-interest-rates-as-economy-falters\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/propertynoise.co.nz\/au\/"},{"@type":"ListItem","position":2,"name":"Reserve Bank chief hints at further cuts in interest rates as economy falters"}]},{"@type":"WebSite","@id":"https:\/\/propertynoise.co.nz\/au\/#website","url":"https:\/\/propertynoise.co.nz\/au\/","name":"Property News Australia","description":"Property News | Real Estate News | Australia","publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/propertynoise.co.nz\/au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/propertynoise.co.nz\/au\/#organization","name":"The Property Noise Group","url":"https:\/\/propertynoise.co.nz\/au\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","width":1120,"height":160,"caption":"The Property Noise Group"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PropertyNoiseNZ\/","https:\/\/x.com\/propertynoisenz","http:\/\/propertynoisenz"]},{"@type":"Person","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84","name":"Property Noise Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","caption":"Property Noise Group"}}]}},"_links":{"self":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/20251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/comments?post=20251"}],"version-history":[{"count":1,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/20251\/revisions"}],"predecessor-version":[{"id":20253,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/20251\/revisions\/20253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media\/20252"}],"wp:attachment":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media?parent=20251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/categories?post=20251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/tags?post=20251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}