Philip Lowe Archives - The Industry Spread

Some Echoes of Melville

October 30, 2019

Echoes of Leslie Galfreid Melville who had a close association with RBA by being a member of Board between 1960 – 75 and played a critical role in debates that shaped mandate given to Reserve Bank in ’59.

Philip Lowe: Remarks at Jackson Hole Symposium

August 28, 2019

Speech by Mr Philip Lowe, Governor of the Reserve Bank of Australia, at “Challenges for Monetary Policy”, a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 25 August 2019

Statement by Philip Lowe, Governor: Monetary Policy Decision

June 5, 2019

the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target.

Statement by Philip Lowe, Governor: Monetary Policy Decision

April 3, 2019

The outlook for the global economy remains reasonable, although growth has slowed and downside risks have increased. Growth in international trade has declined and investment intentions have softened in a number of countries. In China, the authorities have taken steps to ease financing conditions, partly in response to slower growth in the economy. Globally, headline inflation rates have moved lower following the earlier decline in oil prices, although core inflation has picked up in a number of economies. In most advanced economies, unemployment rates are low and wages growth has picked up.

Statement by Philip Lowe, Governor: Monetary Policy Decision

March 6, 2019

central scenario for the Australian economy is to grow by around 3 per cent this year. The growth outlook is being supported by rising business investment, higher levels of spending on public infrastructure and increased employment.