RBA governor Glenn Stevens says oil price fall ‘good news’
RBA governor Glenn Stevens has said the collapse in the price of oil to near $US60 a barrel is a “bullish point for global growth”, despite the shockwaves it has sent through the energy sector.
This story was first published on December 12, 2014.
Reserve Bank of Australia governor Glenn Stevens has said the plunge in the price of oil to near $US60 a barrel is a “bullish point for global growth", despite the shockwaves it has sent through the energy sector.
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Ben oversees design and development of newsroom and subscription platforms for The Age, The Sydney Morning Herald and The Australian Financial Review. Previously Ben was Deputy editor – Digital at the AFR.
