RBA’s Lowe: Not saying negative rates will never happen, just extraordinarily unlikely

Clarifying on negative rates as a policy option, the Reserve Bank of Australia (RBA) Governor Phillip Lowe said that “not saying negative rates will never happen, just extraordinarily unlikely.”

Further comments

"Would not be doing QE absent the economic shock from the pandemic."

"Would like to see state government spend more on infrastructure, etc."

"The recession is not over."