RBA's Lowe Sees Rates Steady `For a While Yet'

The transcript discusses the challenges of maintaining interest rates and inflation within target ranges, with insights from Phil Lowe on the economic outlook. It highlights the persistent issues of low inflation and wage growth, despite falling unemployment rates. Phil Lowe expresses concerns about global economic conditions, including the US economy and trade wars, and their potential impact on Australia's economy.

What potential scenario does Phil Lowe foresee regarding monetary accommodation?

What are the implications of the trade war on Australia's economy as mentioned in the text?