• Reserve Bank CEO apologises to Australians who took out home loans

    2 monthes ago - By Sydney Morning Herald

    Philip Lowe, Reserve Bank CEO, has offered an apology to Australians who took out home loans based on the guidance that interest rates were unlikely to rise until 2024.
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  • Reserve Bank governor Philip Lowe says sorry to Australians who took out mortgages expecting interest rates to stay unchanged

    2 monthes ago - By Sydney Morning Herald

    Lowe said the RBA had failed by not making clear that its commentary about steady interest rates was heavily conditional on the state of the economy.
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