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RBA Governor Philip Lowe, speaking at Jackson Hole, said political shocks are turning into economic shocks and that monetary policy cannot deliver medium-term growth. He called for infrastructure investment and structural reforms.
Central bank limits and calls for fiscal action point to weak growth ahead, which could soften commodity demand over time.
forexlive.comAug 24, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
