Lunatic RBA yet to model virus impact on China

What’s the need when everything is always all good, via Domain:

Reserve Bank governor Philip Lowe says the economic risk of the coronavirus is greater than SARS, as the infection rate surges and countries shut their borders.

Dr Lowe said there were hopes the number of cases would fall and the economy would bounce back but he said “it is possible the number of cases escalates and so does the interruption to China’s economy”.

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