Original article by John Kehoe
The Australian Financial Review – Page: 6 : 8-Aug-19
Reserve Bank of Australia governor Philip Lowe will appear before a parliamentary committee on 9 August. His testimony is likely to attract increased scrutiny after the central bank’s New Zealand counterpart reduced official interest rates by 50 basis points. The House of Representatives’ economics committee is chaired by Liberal MP Tim Wilson. He says the RBA’s dual rate cuts in June and July and how it expects to eventually begin tightening monetary policy when household debt is rising are among the issues that will come under scrutiny.
CORPORATES
RESERVE BANK OF AUSTRALIA, RESERVE BANK OF NEW ZEALAND, AUSTRALIA. HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON ECONOMICS, LIBERAL PARTY OF AUSTRALIA