At a speech in Sydney, Philip Lowe has said some of his economic explanations ‘missed the mark’ but that media should avoid ‘clickbait’
Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Philip Lowe has used his final public comments as governor of the Reserve Bank to defend his more controversial comments, saying while some of his explanations had “missed the mark” the media also had a responsibility to avoid “clickbait”.
“Raising interest rates and tightening policy can make you very unpopular, as I know all too well,” Lowe told a Sydney function on Thursday for the Anika Foundation. “This means that it is easier for an independent central bank to do this than it is for politicians.”
About Author
More Stories
Trump hails achievements of first 100 days despite polls revealing American disapproval on economy – live
Australia election 2025 live: Trump promises to speak with PM on tariffs; Dutton advises viewers to ‘forget the ABC’ on election night
Physicists find key to perfect pasta – but it’s not how Mamma used to make it