Australian Economic Recovery Relies on Virus Cures: Reserve Bank Governor Philip Lowe

Australian Economic Recovery Relies on Virus Cures: Reserve Bank Governor Philip Lowe
Governor of the Reserve Bank of Australia, Philip Lowe, makes a speech on March 19, 2020 in Sydney, Australia. Brendon Thorne/Getty Images
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The speed of Australia’s economic recovery is depending on the scientists worldwide racing to find a COVID-19 vaccine.

Reserve Bank governor Philip Lowe warns that without a vaccine, the economy will take a lot longer to bounce back as people fear for their health.

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