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Wednesday, June 26, 2024

Latest news: Philip Lowe

Full plate for Reserve Bank’s new boss Michele Bullock

Australia's central bank will get a new leader this week as Michele Bullock steps into the Reserve Bank's top job.

RBA governor Philip Lowe alludes to slower rate hikes

The head of the Reserve Bank of Australia has flagged more rate rises in coming months. However, RBA Governor Philip Lowe said the case for a slower pace of tightening was becoming stronger as the cash rate level rises.