Morriss Says RBA Not Yet Ready to Consider Rate Cuts

Sept. 20 (Bloomberg) — Tony Morriss, head of interest-rates research in Sydney at Australia & New Zealand Banking Group Ltd., talks about Australia’s economy and central bank monetary policy. The Reserve Bank is “well placed” to respond to global and domestic economic risks or the threat of an acceleration of inflation, according to minutes of a Sept. 6 meeting when it kept interest rates unchanged. Morris also discusses Standard & Poor’s downgrade of Italy’s credit rating, and Federal Reserve policy. He speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)

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