SYDNEY, Feb 22 (Reuters) - Australia's economy would have to be a lot weaker than it is currently for policymakers to consider quantitative easing, Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle said on Friday.
The need for quantitative easing, measures to increase the money supply in the system, was "highly unlikely" in Australia, he said in response to lawmakers' questions at a parliamentary economics committee in Sydney.
Earlier, Governor Philip Lowe reaffirmed the bank's neutral footing on policy, saying there was no strong case for a near-term change in the cash rate.
