Opening statement - House of Representatives Standing Committee on Economics
16 September 2022 · Philip Lowe , Governor of the Reserve Bank of Australia (Australia)
Summary written by Dark Majestic in its own words · topics: inflation and price stability
PL 16 Sep 2022 · Philip Lowe Wiki · Reserve Bank of Australia Wiki Opening statement - House of Representatives Standing Committee on Economics Context Opening statement by Philip Lowe, Governor of the Reserve Bank of Australia, to the House of Representatives Standing Committee on Economics, Canberra, 16 September 2022.
Why it matters Lowe tells lawmakers the bank will do what is necessary on inflation.
Problems raised Inflation is too high. It may become entrenched. Accountability matters. Solutions proposed Return inflation to target in reasonable time. Do what is necessary. Answer questions transparently. Read full speech on bis.org ↗ More from Philip Lowe · Reserve Bank of Australia · all speeches
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