Reserve Bank of Australia – Page 10 – Global Regulatory Insights

Statement by Philip Lowe, Governor: Monetary Policy Decision

Post author:Loafer Malik
Post published:01/08/2023
Post category:

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and

Appointment of Reserve Bank Governor

Post author:Shweta
Post published:14/07/2023
Post category:

The Treasurer, the Hon Dr Jim Chalmers MP, has appointed Michele Bullock as Governor of the Reserve Bank of Australia for a seven-year term commencing 18 September 2023. Governor Philip Lowe said: ‘The Treasurer has made a first-rate appointment. I congratulate Michele on being appointed Governor. The Reserve Bank is in very good hands as it

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Statement by Philip Lowe, Governor: Monetary Policy Decision

Appointment of Reserve Bank Governor

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