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Handful of candidates in the running to replace RBA Governor Philip Lowe

  • 📰 SkyNewsAust
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  • 2 min. at publisher
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  • Publisher: 78%

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A handful of candidates from outside the Reserve Bank are in the running to replace RBA Governor Philip Lowe as the institution braces for an overhaul of its culture and the way it sets interest rates, says Sky News host Jenna Clarke.

 

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Similarities drawn between RBA and US Federal Reserve rate hikesSky News Business Editor Ross Greenwood says US Federal Reserve Chairman Jerome Powell is making “no promises whatsoever” when it comes to stopping interest rate hikes. Mr Greenwood drew comparisons RBA Governor Philip Lowe as both leaders face tough questions from politicians representing disgruntled constituents.
Source: SkyNewsAust - 🏆 7. / 78 Read more »