Tag: central bank
Former RBA Governor Debunks Interest Rate Blame Game
Former RBA Governor Philip Lowe Disputes Interest Rate Impact on Cost of Living CrisisIn a recent interview with The Australian newspaper, former Reserve Bank governor Philip Lowe refutes the notion that high interest rates...
RBA Admits Surprise After First Rate Cut in 5 Years
RBA Acknowledges Delay in Rate Adjustment, Uncertainty Regarding Future CutsRBA Governor Michele Bullock recently made a surprising admission regarding the Reserve Bank's response to rising inflation, suggesting that they were slow to raise interest...