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RBA's Debelle: Theoretically, central bank can lower policy rate if needed

More comments are flowing in from the RBA Deputy Governor Debelle, as he continues to speak at the American Chamber of Commerce in Australia (AmCham) with Adelaide Business School event in Adelaide.

Theoretically, central bank can lower policy rate if needed.

Does not expect to have to introduce QE.

Still expects decent growth in the economy.

We are in uncharted territory with downturn in house prices.

But so far, housing has unwound in a reasonably orderly way.

RBA's Debelle: Labor market has been surprisingly strong, Aussie bounces

The Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle is on the wires now, via Reuters, making a scheduled speech titled “The State of the E
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GBP/USD struggles around 1.3050 ahead of UK data, EU summit

The British Pound (GBP) trades around 1.3050 versus the US Dollar (USD) ahead of key data/events.
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