SYDNEY, Aug 11 (Reuters) - Australia's central bank is seeking to balance the benefits of monetary stimulus against the risks of rising household debt in keeping interest rates at current levels, Governor Philip Lowe said on Friday.
Reserve Bank of Australia (RBA) expects inflation to tick higher gradually with economic growth seen averaging around 3 percent over the next couple of years, Lowe told a parliamentary economics committee. RBA has left interest rates at 1.50 percent after last easing in August 2016.