PhilipLowe

RBA Maintains Key Interest Rate at 13-Year High, Suggests Progress in Controlling Inflation

13 days ago

The Reserve Bank of Australia (RBA) has chosen to keep its benchmark interest rate stable at 4.10%, marking a pivotal moment as it holds the rate at the highest level recorded in over 13 years. This decision, announced on December 10, signifies the RBA’s commitment to its inflation targets, despite challenging economic conditions and a recent slowdown in consumer spending.

RBA Easing Cycle Expected to be Modest Following Recent Hawkish Remarks

24 days ago

In a recent analysis, ANZ Bank has shared insights regarding the Reserve Bank of Australia's (RBA) monetary policy trajectory, suggesting that the easing cycle will be significantly restrained. This statement comes on the heels of a hawkish speech delivered by RBA Governor Philip Lowe, which has raised eyebrows among economists and market analysts alike.

The RBA's Impact on Australia's Economy: Insights from Governor Philip Lowe

1 month ago

In a recent statement, Philip Lowe, the Governor of the Reserve Bank of Australia (RBA), shared insights into the effectiveness of the Bank's monetary policy in relation to other global economies. Speaking at a conference, Lowe emphasized that the influence of the RBA's policies is not significantly stronger than that experienced by other economic institutions around the world.