Browsing Tag

unevenly

1 post
The Reserve Bank's embattled governor has admitted sharp interest rate rises are felt unevenly and is worried about ultra-low fixed rate mortgages expiring this year. Philip Lowe, a $1million-a-year banker, has already presided over nine consecutive interest rate rises, taking the cash rate to a new 10-year high of 3.35 per cent

Reserve Bank Governor Philip Lowe tells House of Representatives committee rate rise felt unevenly

The Reserve Bank’s embattled governor has admitted sharp interest rate rises are…