Inflation and monetary policy
21 June 2022 · Philip Lowe , Governor of the Reserve Bank of Australia (Australia)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
PL 21 Jun 2022 · Philip Lowe Wiki · Reserve Bank of Australia Wiki Inflation and monetary policy Context Speech to the American Chamber of Commerce in Australia in Sydney; the Reserve Bank of Australia pursues low inflation and full employment and has started raising rates.
Why it matters Lowe draws lessons from the 1970s as rates rise.
Problems raised Inflation is the highest in years. Expectations may shift. Balancing is hard. Solutions proposed Raise rates. Learn from the 1970s. Keep expectations anchored. Read full speech on bis.org ↗ More from Philip Lowe · Reserve Bank of Australia · all speeches
More speeches by Philip Lowe Other leaders on monetary policy and interest rates
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