Vital Signs. If needed, this man can and will cut rates during the election campaign
- Written by Richard Holden, Professor of Economics, UNSW
It was a great story.
Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the country’s biggest-ever mining boom. Interest rates had been cut to historic lows in the wake of the 2008 financial crisis and had bottomed out. Inflation and...
Read more: Vital Signs. If needed, this man can and will cut rates during the election campaign
