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June 15, 2018

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


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

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.

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.

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