June 15, 2018 / 4:21 AM / 6 days ago

Asset valuations justified if interest rates stay at current lows: RBA

SYDNEY (Reuters) - Current asset valuations are justified only if interest rates and bond prices stay low, Reserve Bank of Australia Assistant Governor Luci Ellis said on Friday.

FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz

When asked if there is an asset bubble forming, Ellis said she did not know.

Ellis was speaking at an infrastructure industry event in Sydney.

Reporting by Tom Westbrook and Swati Pandey; Editing by Richard Borsuk

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below