RBA Governor Lowe was quizzed by Senate Estimates yesterday and conceded that the repeated statements of no interest rate rise until 2024 may have mislead some people. This was important, though the apology which followed was not a real one.
Worth reflecting on this when Lowe is due to end his current term, and possibly be considered for another.
This is a short, where Lowe is quizzed by Senator McKim. See 3.50 for the specific question and half apology!
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