The Reserve Bank of Australia Review and monetary policy
12 July 2023 · 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 12 Jul 2023 · Philip Lowe Wiki · Reserve Bank of Australia Wiki The Reserve Bank of Australia Review and monetary policy Context Address by Philip Lowe, Governor of the Reserve Bank of Australia, at the Economic Society of Australia (Qld) Business Lunch, Brisbane, 12 July 2023.
Why it matters Lowe explains how the bank will implement the review's recommendations.
Problems raised High inflation must be temporary. Supply disruptions and commodity prices affect inflation. The RBA framework needs updating. Solutions proposed Implement RBA Review recommendations. Keep inflation returning to target. Improve governance of monetary policy. Read full speech on bis.org ↗ More from Philip Lowe · Reserve Bank of Australia · all speeches
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