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Vital Signs. If needed, this man can and will cut rates during the election campaign

  • Written by Richard Holden, Professor of Economics, UNSW

It was a great story.

Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the country’s biggest-ever mining boom. Interest rates had been cut to historic lows in the wake of the 2008 financial crisis and had bottomed out. Inflation and...

Read more: Vital Signs. If needed, this man can and will cut rates during the election campaign

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