Philip Lowe
What are the systemic lessons of SVB?
Philip Turner says the collapse of SVB reveals deeper issues than many have realised
RBA governor has ‘no intention of resigning’
Governor Philip Lowe says bringing inflation down remains his focus
RBA delivers another 25bp rate hike
Philip Lowe signals flexibility over further rate increases
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
RBA governor apologises over forward guidance
Philip Lowe says he’s sorry that people took out mortgages on the basis of central bank guidance
RBA to return to “less specific” forward guidance
Central bank admits forward guidance during the pandemic was sometimes too complex
Banknotes: RBA consults over putting King Charles on currency
Qatar issues World Cup commemorative currency; Laos brings out upgraded banknotes
RBA hikes interest rate to nine-year high
Governor Philip Lowe signals more rate rises amid highest inflation in 32 years
Rates round-up: RBA tightens policy 25bp
Plus rate increases in India, Israel, the Dominican Republic and Jamaica
RBA’s Lowe admits inflation models need rethink
Governor acknowledges forecasting mistakes but rejects calls to resign
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers during the past three months
Australian government will map crypto asset holdings
Move is necessary to oversee “largely unregulated” crypto sector, finance minister says
RBA sets up new panel of private-sector economists
Expert panel will meet at least twice a year; move follows “embarrassing” forecasting issues
RBA hits out at further delay to new clearing system
Blockchain-based system for Australian Stock Exchange won’t be operational until at least late 2024
Australian government to review RBA mandate and governance
Review will look into the board structure and performance, after RBA suffers criticism over policy choices
People: Saudi Central Bank appoints two vice-governors
BIS names heads of key committees; senior officials quit US Office of the Comptroller of the Currency
RBA raises interest rate by 50bp
Move marks a total of 125bp of increases since May
Exit from bond yield target was ‘disorderly’, admits RBA
Central bank says it is unlikely to use yield curve targeting again
People: April to June 2022
A round-up of central bankers in the news and on the move during the past three months
RBA halts asset purchases
Australian central bank maintains interest rates at 0.1%
Low unemployment rate will be learning experience for RBA – Lowe
Central bank maintains it will not raise rates until 2024, unless forecasts turn out “very differently”
RBA drops yield curve control
Lowe acknowledges messy market conditions after yields broke free late last week
Central bank communications ‘after’ Covid
Covid-19 forced central bank comms teams to innovate fast. How much of it will stick?
OECD urges RBA to review policy framework
Recommendation comes just weeks after governor dismissed the idea