Economic Uncertainty and the Role of Monetary Policy: A Look at Philip Lowe’s Impact Economic Uncertainty in Australia The Australian economy has been facing significant uncertainty in recent times, with various factors contributing to this predicament. The COVID-19 pandemic and its aftermath have left lasting effects on businesses, jobs, and consumer confidence. Uncertainty in global […]
RBA Governor Philip Lowe Warns About Inflation and Interest Rates Introduction The Reserve Bank of Australia’s Governor, Philip Lowe, delivered a message of caution to the millions of Australians currently struggling with surging mortgage repayments. In a speech delivered to investment bank Morgan Stanley’s Australian conference, Lowe stressed the importance of using the only tool […]
Reserve Bank of Australia Raises Interest Rates to Tackle Inflation The Reserve Bank of Australia (RBA) has raised interest rates for the 12th time in just over a year in an attempt to tackle inflation. The decision to increase the cash rate by another 25 basis points has brought the official rate to 4.1%, its […]
