# RBA's Lowe says monetary policy can push up asset prices but can't deliver medium-term growth

> 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.

- Date: 2019-08-24 · published 2019-08-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57841-rba-s-lowe-says-monetary-policy-can-push-up-asset-prices-but-can-t-deliver
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Central bank limits and calls for fiscal action point to weak growth ahead, which could soften commodity demand over time.

## Sources

- forexlive.com: https://www.forexlive.com/news/!/rbas-lowe-says-monetary-policy-can-push-up-asset-prices-but-20190824

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.