How low will it go?

Dr Peter McCawley AM, former Dean of the Asian Development Bank Institute and Visiting Fellow, Arndt-Corden Economics Division & Indonesia Project ANU College of Asia and the Pacific, talks about the recent Reserve Bank decision to cut the interest rate.

Reserve Bank of Australia Governor Philip Lowe (2nd L) speaks at a parliamentary committee hearing in Sydney, Australia February 22, 2019. Source: REUTERS/TOM WESTBROOK 4

What are the pros and cons of the interest rate cuts?  Will the rate cut do anything to help a softening Australian economy?  Will the rate go lower?   Dr Peter McCawley AM explains.

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