SYDNEY, Aug 14 (Reuters) - Australia's central bank has not ruled out a separate bond buying programme or other adjustments to its suite of policy measures, although the "best course of action" is to continue with its current package, Governor Philip Lowe said on Friday.
Last week, the Reserve Bank of Australia (RBA) downgraded its outlook for the economy and warned unemployment would stay high for several years with the second-most populous state of Victoria battling a fresh wave of coronavirus infections. is facing its deepest contraction in about a century because of the COVID-19 pandemic though the economic shock has been less severe than first forecast.
Lowe was speaking before a parliamentary economics committee.