The Lowe road – the RBA is treading a 'narrow path' between inflation and recession
- Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe.
Having forecast during the COVID recession that Australia’s central bank wouldn’t raise interest rates before 2024, he’s taking a lot of stick for nine consecutive rate rises since May 2022. This has...
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