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Home > Heather du Plessis-Allan Drive > Paul Bloxham: HSBC Chief Economist on Australian Reserve Bank Governor apologising for being unclear about interest rates
Podcast: Heather du Plessis-Allan Drive
Episode:

Paul Bloxham: HSBC Chief Economist on Australian Reserve Bank Governor apologising for being unclear about interest rates
Category: News & Politics
Duration: 00:04:44
Publish Date: 2022-11-29 08:05:30
Description:

Australia's Reserve Bank Governor is apologizing for not being clear enough with when interest rates would move.

As late as November last year, Governor Philip Lowe said the bank was likely to hold the OCR steady, at record lows.

HSBC Chief Economist Paul Bloxham explained how this communication error may have happened.

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