RBA head Stevens: Doesn't comment directly on AUD or policy in speech via ForexLive

Address by Glenn Stevens, Governor, to the Anika Foundation Luncheon, Sydney. The topic is “Issues in Economic Policy”. There will be a Q&A following.

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• Says subdued “animal spirits” likely one reason for slow economic recoveries
• Says is sure spirits will improve at some point, G20 growth agenda could help
• Says hard to say how successful QE has been globally

The full text of his speech: Challenges for Economic Policy

We might get something more from the Q&A to follow. Bit of short covering in the AUD on the (non-)headlines hitting the wires.

posted via ForexLive