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Australia has a new Reserve Bank of Australia Governor today - Bullock replaces Lowe

Australia has a new Reserve Bank of Australia Governor today - Bullock replaces Lowe
No doubt Lowe will be in demand in the private sector should he wish to head that way. He leaves the RBA with a bit of a cloud over him due to the ill-advised comment in 2020 about 'no rate hikes until 2024'. And with inflation having gotten away from the bank forcing a series of rapid interest rate rises.For working Australians though, Lowe leaves with the unemployment rate barely above a 5-decade low. Full employment is the other part of the RBA's official mandate and the result on this is ste... Read More
Posted: Sep 15 2023, 03:39
Author Name: forexlive
Views: 102090

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