· Philip Lowe Wiki · Reserve Bank of Australia WikiRemarks at the Reserve Bank Board Dinner
Read full speech on bis.org ↗ContextRemarks at the Reserve Bank Board dinner in Hobart; the Reserve Bank of Australia pursues low inflation and full employment and meets local business leaders.
Why it mattersLowe keeps larger hikes possible.
Problems raised
- Inflation is too high.
- The outlook is uncertain.
- Larger increases may be needed.
Solutions proposed
- Step up rate increases if needed.
- Watch the economy carefully.
- Return inflation to target.